Stablecoin
Are Stablecoins the Future of Payments? New Study Raises Doubts
Over 90% of stablecoin activity comes from bots and traders, not everyday payments. Lack of user-friendliness is a major barrier to wider adoption of stablecoins.…
Ethereum Breaks Stablecoin Volume Records in April
Ethereum witnessed a record-breaking month for stablecoin volume in April. Stablecoin DAI accounted for the majority of the on-chain volume. One notable transaction involving DAI…
There is “A Lot of Noise” in the Widespread Stablecoin Data – Visa
According to Cuy Sheffield, Visa has created a dashboard for accurate stablecoins analysis. Sheffield thinks there is “a lot of noise” in the widespread stablecoins…
Tether Sets New Record With $4.52 Billion Net Profit in Q1 2024
Tether has reported a record-breaking return for Q1 2024. The firm noted that its net profit hit a record high of $4.52 billion in Q1…
Circle’s USDC Takes the Lead in Stablecoin Transactions
Visa's data shows Circle's USDC surpassing Tether's USDT in transaction volume since the start of 2024. USDC transacted $456 billion over the past week, capturing…
South Africa’s Crypto Future Secure Despite Election Uncertainty
South Africa's crypto regulation remains robust despite political shifts, driven by independent regulatory bodies. The FSCA's licensing regime positions South Africa as a leader in…
Will BRICS Use Ripple’s XRP Settlement Platform for Stablecoin?
The BRICS has announced its plans to launch a stablecoin for international settlements to lessen the power of the US Dollar. There are speculations that…
Stripe to Debut Support for Global Stablecoin Payments This Summer
Stripe will support global stablecoin transactions this summer. The firm has already posted a waitlist for this upcoming feature. Stripe enabled Bitcoin payments in 2018…
Democrat Maxine Waters Pushes for Stablecoin, Cannabis Banking Reforms
Progress on stablecoin regulation could enhance investor confidence and broaden adoption. Federal oversight aims to protect investors and ensure stability in the stablecoin market. Advocacy…
US Lawmakers Bring New Stablecoin Bill to Bring Clarity to the Crypto Space
US Senators Kirsten Gillibrand and Cynthia Lummis introduced a new stablecoin bill. The bill is named “bipartisan Lummis-Gillibrand Payment Stablecoin Act.” The goal is to…
