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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 […] дальше »

2025-8-6 11:47


Ethereum ETF Black Monday: Historical Outflows Fail To Impact Price, Here’s Why

Ethereum's price has remained stable despite record ETF outflows. The dominance of long-term holders is keeping Ethereum's price in check, with consolidation expected in the coming days. The post Ethereum ETF Black Monday: Historical Outflows Fail To Impact Price, Here’s Why appeared first on BeInCrypto. дальше »

2025-8-5 15:54


Tether Q2 2025 profit hits $4.9B as USDT supply crosses $157B

Tether’s latest quarterly attestation shows the stablecoin giant is continuing to scale its dominance, with $4.9 billion in Q2 net profit and a $13.4 billion increase in USDT supply. The report, released Thursday, highlights a growing exposure to US Treasuries totalling $127 billion—positioning the issuer as one of the world’s largest holders of US sovereign […] дальше »

2025-7-31 19:40


EU explores Euro stablecoins and DLT to counter US digital asset dominance

The European Union is exploring alternatives beyond the digital euro to tackle the growing dominance of US dollar-backed stablecoins in global finance. An adviser to the European Central Bank (ECB) suggested that regulated euro-pegged stablecoins and distributed ledger technology (DLT) should play a bigger role in Europe’s strategy. The remarks come amid concerns that a […] дальше »

2025-7-29 17:39