China eyes yuan-backed stablecoins in bid to challenge US dollar dominance

China is taking its first concrete steps toward developing stablecoins linked to the yuan, aiming to counter the rising global dominance of US dollar-backed tokens like USDT and USDC. While the country maintains its blanket ban on crypto trading and mining, officials are now eyeing stablecoins as a strategic tool to promote the international use […]

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JD.com and Ant Group push for yuan-pegged stablecoins to challenge dollar’s digital dominance

China’s leading tech giants JD.com and Ant Group are actively lobbying Chinese regulators as part of a push to counter the U.S. dollar’s growing digital dominance. Both companies have urged the People’s Bank of China to authorize the issuance of…

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What Circle’s US Trust Bank Bid Means for USDT and Stablecoin Competition

USDC stablecoin issuer Circle just applied to become a US national trust bank. But the bigger story isn’t banking—it’s stablecoin dominance.   As Congress moves to regulate stablecoins with the GENIUS Act, Circle’s move could signal a coming power shift from USDT to USDC in the US market.

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Stablecoin Market Surpasses $256 Billion as USDT and USDC Retain Dominance

Stablecoins hold a $256B market cap with $USDT and $USDC leading, driving liquidity, trading, and cross-border crypto transactions worldwide.

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IMF Deputy Managing Director highlights issues in the global stablecoin race

Deputy Managing Director at the IMF Bo Li sees two unresolved issues in the global fight over stablecoin dominance, specifically in the way stablecoins are classified. During his panel speech at the World Economic Forum’s Summer Davos meeting as reported…

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Max Keiser Slams Genius Act as ‘Fiat Slavery’ | US Crypto News

Max Keiser's strong stance against stablecoins highlights concerns over their role in reinforcing fiat systems, especially in light of the GENIUS Act, which could curtail decentralized finance and secure banking dominance.

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Scott Bessent Predicts USD Stablecoin Market Could Surpass $2 Trillion by 2028

Scott Bessent predicts that USD-backed stablecoins could exceed $2 trillion by 2028, reinforcing the US dollar’s global dominance, if legislation like the GENIUS Act is passed. The post Scott Bessent Predicts USD Stablecoin Market Could Surpass $2 Trillion by 2028 appeared first on BeInCrypto.

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Tron’s USDT dominance recovers, with 50% of the stablecoin on the chain

Tron has reached a major milestone in stablecoins, with 50% of all USDT in existence on its chain.

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Is altseason fading? - Why BTC and stablecoins still dominate

Altcoin dominance is shrinking despite more exchanges and pairs; Bitcoin leads a risk-off market cycle. But, altseason isn’t dead; it’s evolving — expect selective breakouts, not broad alThe post Is altseason fading? - Why BTC and stablecoins still dominate appeared first on AMBCrypto.

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Will onshore stablecoins save the U.S Dollar? New York's AG urges Congress to act!

NYAG warned that Bitcoin could threaten U. S dollar dominance and American interests She also urged careful consideration to ensure the dollar position through stablecoins New York Attorney GThe post Will onshore stablecoins save the U.

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Ethena’s USDtb enters top 10 stablecoins by market cap amid March stablecoin shakeup: report

The stablecoin market has seen major shifts in March, with Ethena’s USDtb breaking into the top 10 stablecoins by market cap, Tether losing 61% of market dominance, and EURC’s market cap reaching a new all-time high.

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Fidelity's stablecoin move: Does testing phase signal market entry?

Fidelity’s stablecoin was reportedly in advanced stages.  Bitwise exec projected a likely dominance of stablecoins in cross-border payments.  According to reports, Fidelity Investments hThe post Fidelity's stablecoin move: Does testing phase signal market entry? appeared first on AMBCrypto.

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Why Stablecoins Could Trigger a “Bank Run” Akin to 2008 Financial Crisis

As stablecoins grow in market dominance, their potential to cause financial instability similar to past crises is raising alarms. Policymakers are pushing for regulations, but challenges remain. The post Why Stablecoins Could Trigger a “Bank Run” Akin to 2008 Financial Crisis appeared first on BeInCrypto.

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Trump demands landmark stablecoin law – Can Congress propel U.S. crypto dominance?

Trump’s speech at the Digital Asset Summit signals a potential push for dollar-backed stablecoins Stablecoins are evolving into yield-bearing assets, challenging traditional financial systemsThe post Trump demands landmark stablecoin law – Can Congress propel U.

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Tether Buys $33 Billion in US Treasury Bonds, Boosting Compliance Efforts

Tether’s massive US Treasury purchases could align with Trump’s vision for stablecoins in strengthening dollar dominance. However, regulatory scrutiny remains a key obstacle. The post Tether Buys $33 Billion in US Treasury Bonds, Boosting Compliance Efforts appeared first on BeInCrypto.

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Stablecoin Market Cap Tops $200B as U.S. Sees Industry Helping Maintain Dollar Dominance

Stablecoins have surged since the U.S. election amid economic shifts and U.S. Treasury strategy.

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Stablecoins, Bitcoin, and the future of crypto - All you need to know

Stablecoins are gaining traction, cementing the U.S. dollar's dominance in the digital age Could this be the next evolution of global financial power? Are stablecoins the key to maintaining The post Stablecoins, Bitcoin, and the future of crypto - All you need to know appeared first on AMBCrypto.

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Trump executive order raises EU concerns over USD stablecoin dominance

US dollar-pegged stablecoins account for 97% of the global stablecoin market, raising concerns in the EU about Trump’s plans to push dollar dominance through stablecoins.

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Here's how stablecoins can harness the U.S Dollar’s global power

Stablecoins can reinforce the U. S dollar’s dominance in global markets and trade USD-backed stablecoins could reshape global finance and accelerate dollarization in The post Here's how stablecoins can harness the U.

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Industry Leaders Forecast Top Crypto Narratives for 2025

This analysis explores key crypto narratives shaping 2025, including the rise of AI agents, the growth of real-world asset tokenization, the increasing dominance of stablecoins, and the potential for nations to adopt Bitcoin as a strategic reserve.

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Robinhood And Revolut Consider Entering The $170 Million Stablecoin Market – Report

According to a Bloomberg report, crypto trading platform Robinhood and financial technology company Revolut are exploring the launch of their own stablecoins. The potential move from Robinhood and Revolut comes amid growing pressure from regulators in Europe, which could loosen the dominance of Tether, the largest stablecoin issuer in the market. Tether And Circle Prepare […]

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Bitcoin’s Future in Payments: Overcoming Stablecoin Dominance with Fiatless Fiat

Bitcoin stable channels supported by the Lightning Network could introduce a novel peer-to-peer payment infrastructure to rival stablecoins

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Trump Family Crypto Project Seeks To Maintain US Dollar Dominance With Stablecoins

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USDT Dominance surges: Will stablecoins rise amid economic uncertainty?

We explore what the ascending USDT macro trend means for the market. Assessing the level of liquidity held by whales, retail, and the investor class. Tether [USDT] registered a significant uThe post USDT Dominance surges: Will stablecoins rise amid economic uncertainty? appeared first on AMBCrypto.

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Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony

Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance.

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Tether asserts almost 75% dominance in stablecoin market

Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top five stablecoins surpassing $150 billion. Leading the pack is Tether (USDT), which alone boasts a market cap of $112 billion — solidifying its dominance with nearly 75% market share, a level not seen since January […] The post Tether asserts almost 75% dominance in stablecoin market appeared first on CryptoSlate.

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Stablecoins see reduced activity amidst market uncertainty: What now?

The stablecoins activity has taken a hit in recent weeks. The dominance chart reflected reluctance from market participants to buy assets. Bitcoin [BTC] was under pressure in the lower timefThe post Stablecoins see reduced activity amidst market uncertainty: What now? appeared first on AMBCrypto.

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DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report

In a recent report published by QuickNode, the first quarter of 2024 showed the dominance of decentralized finance (DeFi) and the notable growth of Web3 gaming in the crypto industry, which outperformed the stablecoin sector in key metrics, indicating investor preference and market sentiment during this period.

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Will MiCA regulation end Tether’s dominance in the EU? 

In a crypto.news exclusive, Merkle Science Policy Director Natalia Latka discusses how the MiCA regulation will impact USDT and other stablecoins in the EU.

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Bitcoin: What stablecoins' growing flow into exchanges means for you

There was a marked rise in buying pressure in March despite Bitcoin's dip. The Tether Dominance chart showed some volatility could be around the corner. Bitcoin [BTC] rebounded above the $70The post Bitcoin: What stablecoins' growing flow into exchanges means for you appeared first on AMBCrypto.

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USDT leads the way as stablecoin inflows cross $400M

Stablecoin inflows hit over $400 million. USDT maintained a dominance in both inflows and outflows. The movements of stablecoins across the crypto industry serve as a valuable indicator for The post USDT leads the way as stablecoin inflows cross $400M appeared first on AMBCrypto.

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Seasoned Price Action Trader Says This Has To Happen For The Crypto Relief Rally To Continue

In a tweet on October 31, seasoned price action trader Justin Bennett asserted that Tether (USDT’s) dominance has to break its upward trend for the latest crypto rally to continue. While Bennett concedes that there are other stablecoins, he asserts that USDT remains at the top.

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Research: Top 4 stablecoins gaining market dominance despite stagnant growth since May

The top four stablecoins — USDT, USDC, BUSD and DAI — recorded exponential growth throughout 2021 and the first three months of 2022, reaching a peak market cap of $160 billion. The post Research: Top 4 stablecoins gaining market dominance despite stagnant growth since May appeared first on CryptoSlate.

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Research: Ethereum is recovering its dominance over stablecoins

One of the easiest way for investors to deleverage their positions is to turn to stablecoins. The post Research: Ethereum is recovering its dominance over stablecoins appeared first on CryptoSlate.

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Binance CEO Explains Why Stablecoin Dominance Is Bullish for Crypto

The growing market value of the top stablecoins is a positive development for the industry, according to the CEO of Binance

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Stablecoin Dominance Grows As Crypto Assets Are Obliterated

As the market has plunged into chaos with the recent crash, stablecoins have once again become the unlikely winners of the day. Cryptocurrencies in the market have all been shedding their values at a rapid pace as investors sell off their holdings.

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Tether is gaining momentum against competing stablecoins, says Tether CTO

Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.

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Shiba Inu, Ether, and DOGE Are Slowly Eating Into Bitcoin’s Multi-Billion Dollar Payments Sphere

Altcoins and stablecoins have downsized Bitcoin’s dominance as a means for paying for goods and services online by 27%. This is according to a new report released by Bloomberg, citing data from BitPay.

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Will altcoins like XRP, Monero, Zcash see a comeback to pre-2018 levels?

Bitcoin’s dominance is currently at 64.8% in comparison to 2017 in which its dominance was over 68%. The current crypto market cap is well distributed among top altcoins and stablecoins. After the pThe post Will altcoins like XRP, Monero, Zcash see a comeback to pre-2018 levels? appeared first on AMBCrypto.

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Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On

The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows.

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Tether’s Dominance Over Stablecoins Dips Below 80% For The First Time In Years

The leading stablecoin’s dominance has dropped below 80% in the stablecoin market, according to data from Coinmetrics. This is happening for the first time in recent years of stablecoins existence.

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Tether's (USDT) Dominance Reaches All-Time Low. Which Stablecoins Are Threatening Its Hegemony?

Tether's dominance dips below 80 percent for the first time in its history

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USDT to Surpass Bitcoin in Blockchain Transactions: Messari

While major cryptocurrencies like Bitcoin maintain dominance, stablecoins seem to be gaining ground. So much so that they are seeing more transaction volume on major blockchains. There are thousands of cryptocurrencies in existence but some are undoubtedly more popular than others.

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Celo Dollar (cUSD) Stablecoin Launches as the Libra Rival Eyes Digital Ecosystem Dominance

Celo Dollars (cUSD) stablecoins are now live on the platform's mainnet according to a medium post by the foundation on June 29. This comes barely two months since Celo's mainnet went live; the project has been making aggressive moves in both development and community growth.

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Ethereum-based Transactions for Tether Reach a new High

You may think that the number of stablecoins on the market would indicate that there is fierce competition for dominance. Sadly, that is not the case, but ether’s USDT is still firing on all cylinders across the board.

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Why Staking Crypto such as TRX, KAVA and more is Gathering Steam

In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious.   The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading.

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Tether's dominance may be getting undercut by crypto-collateralized stablecoins

Behind the rollercoaster-like price fluctuations of cryptocurrencies, there exists another class of coins that promises to offer price stability. Stablecoins attempt to bring in the best of both fiat,The post Tether's dominance may be getting undercut by crypto-collateralized stablecoins appeared first on AMBCrypto.

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While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.

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CoinGecko Yearly Report 2018: Stablecoins, Dapps, and NFTs on the Rise, Bitcoin Increases Market Dominance

CoinGecko published on January 15th its 2018 yearly crypto report. The 83 pages document provided valuable insights covering the downtrend that spanned around the last year, and its implications on the market.

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