Number of Stablecoin Holders Nears 100M Mark, Data Show

2024-4-25 14:08

The number of addresses holding stablecoins has risen 15% this year.

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ETH on exchanges at 5-year low as capital continues to flee crypto

Key Takeaways Only 15% of ETH is on exchanges, the lowest number in 5 years  Drop has been swift since staking opened up in late 2020 Bitcoin and stablecoins have also fled exchanges, meaning liqudiity is thin Volatility has risen as a result, with aggressive moves to the downside also possible, despite bullish first quarter […] The post ETH on exchanges at 5-year low as capital continues to flee crypto appeared first on CoinJournal.

2023-4-21 12:03


Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies

After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide.

2021-12-7 18:56


On-Chain Data Shows Surge In Stablecoins Supply Pouring Into Bitcoin

On-chain data shows a recent rise in the number of stablecoin addresses sending to exchanges, suggesting an increase in dry powder supply pumping into Bitcoin. Stablecoins Exchange Inflow Addresses Count Recently Surges As pointed out by a CryptoQuant post, the number of stablecoin addresses making inflow transactions to exchanges saw a sharp rise yesterday.

2021-10-26 22:00


Visa Deploys First Smart Contract on Ethereum for its “Universal Payment Channels” Platform for CBDCs and Stablecoins

Payment giant Visa revealed its “Universal Payment Channels” (UPC) platform for central bank digital currencies (CBDCs) on Thursday. In its paper, Visa noted that with a “significant growth” in digital tokens in the form of crypto, stablecoins, and CBDCs, as the number of distributed ledger technology (DLT) networks increases, transacting parties are getting scattered.

2021-9-30 18:49


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Messari: Tether (USDT) Likely to Surpass Bitcoin as the Dominant Cryptocurrency

Although stablecoins are a relatively new invention in the cryptocurrency space, they have become quite popular among those who use cryptocurrencies for payments. The most preferred of them all is Tether’s USDT which a Messari researcher says may have the potential to replace Bitcoin as the dominant currency on public blockchains. Its number of daily […]

2020-7-22 13:00


Tether moved up to rank 4 in the cryptocurrency rating. USDT capitalization is $ 7billion

Amid news of a possible ban on stablecoins in a number of countries, the capitalization of Tether, the most popular of them, increased by 45%. In the ratings of the analytical portals CoinMarketCap or CoinGecko, USDT moved up to rank 4 and is now competing for the title “TOP-3” with the cryptocurrency Ripple. Source: https://coinmarketcap.com/ […]

2020-4-28 18:45


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David Schwartz: Ripple Is Working On ‘Very Exciting’ Features That Could Allow Creation Of Stablecoins On the XRP Ledger

A number of changes on the XRP ledger could be looming, including one that could allow the creation of tokens backed by some assets. Ripple’s Chief Technology Officer, David Schwartz, recently revealed that they are working on “very exciting” features to improve the XRP ledger in terms of functionality, subsequently expanding XRP’s use cases. Stablecoins […]

2020-2-29 22:57


iP2PGlobal ICO

iP2PGlobal Cryptocurrency Financing Platform aims to re-shape personal financing by introducing Sharia compliant financing products to individuals worldwide. Offering the first unsecured crypto financing product, the platform will also feature a single global benchmark rates for fair loan pricing, compensation fund to cover default risks, full KYC & AML compliance and proper e-lending legal documentation in order to enforce debt collectibility, furthermore financing & disbursement will be in US$ pegged stablecoins to encourage real world usage.

2019-10-9 23:33


Germany’s Federal government prepares to make sure stablecoins do not replace state-backed fiat currencies

Today, the German Federal government presented a concept to the Federal Cabinet for use cases of blockchain database technology. A number of laws were announced in the 42-page paper, all of which aim to help blockchain technology to be properly incorporated into the administration and financial sector.

2019-9-18 19:30


USDC is now the largest stablecoin by market cap after Tether, claims Skew Markets analysis

Some proponents in the cryptocurrency market have stated that 2019 will be the year of stablecoins, this speculation evidenced by the number of recent updates and developments in the space. In a recent analysis by Skew Markets, it was shown that all the top stablecoins, including Tether, had seen significant increases in market caps over […] The post USDC is now the largest stablecoin by market cap after Tether, claims Skew Markets analysis appeared first on AMBCrypto.

2019-6-19 01:30


SEC’s Valerie Szczepanik: Many Stablecoins Currently “Might Be Violating Various Securities Laws”

SEC’s Valerie Szczepanik Says There Are Many Stablecoins In The Market Currently That “Might Be Violating Various Securities laws” During her appearance at the ongoing SXSW conference in Austin, the SEC’s Senior Advisor for Digital Assets ‘Valerie Szczepanik’ went on record to state that there currently existed a number of stablecoin offerings that could potentially […]

2019-3-17 23:31