Stablecoins hold around 1% of US Treasury bills today – Bitwise

Quick Take Juan Leon, Senior Investment Strategist at Bitwise Invest, highlights the growing influence of stablecoins in the US Treasury bill market. Currently, stablecoins hold approximately 1% of US Treasury bills, but Leon projects this could surge to 15%, potentially making them one of the top three holders of these securities. дальше »

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Emerging markets embrace stablecoins despite significant premiums

Businesses and consumers in 17 emerging markets pay an average premium of 4. 7% over the standard dollar price to access stablecoins, with the figure rising to 30% in countries like Argentina. The data was gathered in a recent analysis conducted by the Centre for Economics and Business Research (CEBR) and BVNK. дальше »

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Tether plans to launch Dirham-pegged stablecoin

Tether will launch a Dirham-pegged stablecoin in collaboration with Phoenix Group. New stablecoin will join USDT, EURT and other Tether-issued stablecoins. Tether plans to add a new stablecoin pegged to the United Arab Emirates’ Dirham to its suite of stablecoins, according to an announcement on Aug. дальше »

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Tron (TRX) Stuns Layer-1 Rivals With This Mega Transaction

Tron is king of stablecoins with its low minting costs дальше »

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Bitcoin, Ethereum inflows decline by $6B: Will stablecoins take the spot?

Inflows into BTC and ETH have declined by around $6 billion. Open Interest also confirmed the inflow decline. Recent shifts in capital from major assets like Bitcoin [BTC], Ethereum [ETH], aThe post Bitcoin, Ethereum inflows decline by $6B: Will stablecoins take the spot? appeared first on AMBCrypto. дальше »

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Bitcoin stagnates as bearish headwinds continue to blow

Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops.

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Circle proposes new capital-risk framework for stablecoins

In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets regulatory framework. дальше »

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Stablecoins bring financial inclusion, but their fate is still undecided | Opinion

If the digital asset industry exerts the influence it so clearly now has, then stablecoins can continue to proliferate, and millions can reap the benefits of financial inclusion. дальше »

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Crypto firm Cumberland deployed $1b Tether in 8 days 

Market maker Cumberland may have bought the dip as data showed the firm moving millions in Tether stablecoins to centralized exchanges. Since Aug. 6, Cumberland has sent over $1 billion in Tether (USDT) to CEX platforms like Binance, Coinbase, and… дальше »

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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. дальше »

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Ripple President Calls US Dollar Stablecoin as Ripple Readies to Test RLUSD

Ripple top executive has taken part in Ripple's 'Crypto In One Minute' video, talking about stablecoins дальше »

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Tether CEO: EU’s MiCA regulation puts stablecoins at risk

Tether CEO Paolo Ardoino believes MiCA’s latest regulatory move puts banking systems and the use of stablecoins in the EU at a “systemic risk.” In a recent interview with Cointelegraph, Ardoino shared his concerns about a passed MiCA regulation that… дальше »

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BIS teams up with Bank of England to monitor stablecoin reserves

The Bank for International Settlements has announced a joint project with the Bank of England aimed at tracking stablecoins’ reserves. The Bank for International Settlements Innovation Hub in collaboration with the Bank of England announced a new joint pilot aimed… дальше »

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Stablecoin growth soars as crypto global mass adoption ramps up

Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market.

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USDC trading volume soars 48% in July, driven by MiCA, market growth

The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022.

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Tether reports record-breaking $5.2 billion profit in H1 2024

Tether's record profit underscores its growing influence in global finance, highlighting the increasing importance of stablecoins in economic stability. The post Tether reports record-breaking $5. дальше »

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Open interest on cash-margined futures is volatile and tied to spot prices

Onchain Highlights DEFINITION: The total amount of futures contracts open interest that is margined in USD or USD-pegged stablecoins. Stablecoins include USDT and BUSD. Open interest (OI) for cash-margined Bitcoin futures has been extremely volatile over the past few months. дальше »

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Bank of England to Carry Out CBDC, Digital Ledger Experiments

In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound. дальше »

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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. дальше »

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Swiss regulator FINMA targets stablecoin issuers in new proposal

As stablecoins continue to gain traction globally, regulatory initiatives such as FINMA’s guidance are likely to influence policies in other jurisdictions. дальше »

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Tether CEO warns MiCA stablecoin rules could pose ‘systemic risks’ to EU banks

Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves requirements, could pose systemic risks to banks. Paolo Ardoino, the chief executive of the company behind the largest stablecoin by market capitalization,… дальше »

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XRP Witnesses 10% Drop in Reserves on Major Exchange: What Happened?

XRP reserves on OKX plummet by 10% as investors flock to stablecoins; What's driving shift? дальше »

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Tether mints $1b on Tron with no fees

Tether issued $1 billion in new USDT tokens on the Tron blockchain as stablecoins' total market cap grew. дальше »

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UAE Central Bank introduces new Stablecoin regulations

The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes while foreign stablecoins will only be permitted for purchasing specific virtual assets like NFTs. дальше »

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Stablecoins Are Coming To Bitcoin's Lightning Network

Today's announcement by Lightning Labs opens the door to Bitcoin becoming a multi-asset network дальше »

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Big Day for Crypto: Ethereum ETF Buzz Propels Stablecoins Over $160 Billion

While Ethereum has been in spotlight, stablecoins have also experienced notable surge дальше »

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Rho Markets returns online with no funds lost after $8M Oracle issue

The MEV bot responsible for profiting nearly $8 million in stablecoins returned the funds but wanted the Rho Markets team to admit it was not a hack or exploit. дальше »

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Australian stablecoin startup Stables expands to Europe

Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream. дальше »

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How Basel Committee's latest ruling will affect Tether, USDC, other stablecoins

Amended Crypto Asset Standard gives preferential treatment to permissioned stablecoins Many in the crypto community have criticized the amendments for favoring banks In recent months, regulaThe post How Basel Committee's latest ruling will affect Tether, USDC, other stablecoins appeared first on AMBCrypto. дальше »

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Stablecoins at 10: From right place, wrong time, to right place, right time

The following is a guest post from Vincent Chok, CEO of First Digital Group. On 21st July 2014, we witnessed the launch of the world’s first stablecoin, BitUSD. It was a powerful new concept to enter the market, offering the promise of a stable digital currency that could facilitate transactions without the volatility associated with […] The post Stablecoins at 10: From right place, wrong time, to right place, right time appeared first on CryptoSlate. дальше »

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Bybit’s USDT reserves soar by 18% as BTC shows signs of local bottom

Cryptocurrency exchange Bybit has released the twelfth proof of reserve, featuring a 17.8% increase in USDT holdings. Crypto investors are showing an increased appetite for stablecoins as the Bybit crypto exchange revealed in its latest proof of reserve nearly an… дальше »

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Hong Kong to present regulatory framework for stablecoins by 2025

Hong Kong’s financial regulators have received over 100 submissions from market participants, with a vast majority endorsing the establishment of a licensing regime for stablecoins. The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA)… дальше »

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Crypto conscience? Scammer returns $9.3M stablecoins after 10 months

A scammer returned $9. 3 million out of $24 million in stolen stablecoins after 10 months. Returned funds represent 38. 26% of the original theft. In a surprising turn of events, a scammer hasThe post Crypto conscience? Scammer returns $9. дальше »

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Tether hires ex-Chainalysis exec to lead ‘economic analysis efforts’

Stablecoin issuer Tether has hired the former Chainalysis chief economist to help regulators understand how stablecoins are used in the real economy. Stablecoin issuer Tether has revealed in a Monday blog announcement that it has hired Philip Gradwell, a former… дальше »

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USDC gains ground: Tether's market share drops to 74% in 2024

Tether USDT market share drops from 82% to 74% Regulated stablecoins such as USDC gains market share depicting changing market preferences. With increased crypto adoption and widespread use The post USDC gains ground: Tether's market share drops to 74% in 2024 appeared first on AMBCrypto. дальше »

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SEC backtracks on BUSD security claim, ends Paxos probe

The crypto industry notched another win against the U.S. SEC, scoring a de-factor admission that stablecoins are not securities. дальше »

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SEC Drops Probe into Paxos, Signaling Stablecoins May Not Be Securities

SEC ends Paxos probe, influenced by court ruling favoring Binance; Paxos ended BUSD minting and Binance partnership in February 2023. The post SEC Drops Probe into Paxos, Signaling Stablecoins May Not Be Securities appeared first on BeInCrypto. дальше »

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Stablecoins: The Cornerstone Of The DeFi Ecosystem

Stablecoins have become a crucial element in the DeFi ecosystem, offering much-needed stability and liquidity. Recent data from @intotheblock underscores their growing influence. Leading stablecoins such as USDT, USDC, and DAI are witnessing substantial market cap growth, with USDT exceeding the $100 billion mark. дальше »

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USDC volume surges to $23B in 2024: What are the reasons behind the rise?

USDC trading volume surged to $23 billion in 2024. Increased regulatory hurdles increased demand for regulated stablecoins. The crypto market has experienced increased regulation and scrutinThe post USDC volume surges to $23B in 2024: What are the reasons behind the rise? appeared first on AMBCrypto. дальше »

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Argentinians are switching to stablecoins amidst triple-digit inflation rates

As Argentina faces economic challenges, cryptocurrency adoption soars, with stablecoins becoming a popular choice among locals. дальше »

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USDC weekly volume soars 155% in 2024 following MiCA implementation

The surge in USDC volume highlights a market shift towards regulated stablecoins, potentially reshaping the crypto landscape and compliance standards. The post USDC weekly volume soars 155% in 2024 following MiCA implementation appeared first on Crypto Briefing. дальше »

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MiCA regulations mostly benefited USDC, Kaiko says

As Europe gears up for the implementation of MiCA regulations, demand for compliant stablecoins has primarily benefited only one company, data shows. Europe’s Markets in Crypto-Assets Regulation (MiCA), aimed at regulating the crypto market and specifically targeting stablecoins, triggered a… дальше »

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Gas-Free Stablecoin Transfers Coming To Tron And Ethereum Blockchains, Justin Sun Reveals

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Stablecoins, Miners Outperform as $18B Gets Wiped Out From Crypto in June: JPMorgan

Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said. дальше »

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Tron develops gas-free stablecoin for Ethereum and Tron chains

Tron’s founder Justin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level.

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Russia contemplating permanently legalizing stablecoins for cross-border payments

The Russian government is contemplating the official legalization of stablecoins for international transactions to simplify cross-border payments for Russian companies amid ongoing sanctions, Izvestia reported on July 3, citing the Russian central bank. дальше »

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2025 is the year for crypto stablecoin regulation 

Stablecoins regulations introduced across the European Union have prompted questions about the U.S. plans for these fiat-pegged tokens. дальше »

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MiniPay brings one-click stablecoin swaps to users via new feature Pockets

MiniPay, a blockchain-based wallet built on Celo, has added support for USDT and USDC stablecoins with the launch of its new feature Pockets. Announced on Wednesday, Pockets is an upgrade that brings one-click stablecoin swaps to MiniPay, the non-custodial stablecoin… дальше »

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Russia’s central bank might legalize stablecoins for trades with China: report

The Bank of Russia is considering approving stablecoins for cross-border trades, as local businesses explore alternative methods to conduct trade with China amid sanctions. Russia‘s central bank, the Bank of Russia, is considering the legalization of stablecoins for cross-border transactions… дальше »

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EU MiCA stablecoin regulations come into effect: Law Decoded

Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets. дальше »

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