Stablecoins Dominate Transaction Volumes, Surpassing Traditional Payment Giants

2024-10-21 06:06

USDT and USDC now account for nearly 50% of the total transaction volume across major crypto assets, highlighting the growing importance of stablecoins in providing liquidity and market stability.  USDT and USDC now represent nearly 50% of the total transaction volume among major crypto assets, underscoring the crucial role stablecoins […]

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Data Transaction Token (XD) на Currencies.ru

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Stablecoins Outshine Mastercard and PayPal in Transaction Volume

Over the past 3 years, altcoins have shown better performance than traditional payment networks like Mastercard, PayPal, or Visa, according to cryptocurrency analyst Chris Burniske. Chris Burniske, the co-founder of Placeholder, a New York-based venture firm specializing in crypto assets, explains that despite the bear market experienced by cryptocurrencies in 2022 after the collapse of […]

2023-9-16 18:51


Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?

Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an unfortunate security breach occurred over the weekend, causing a significant decrease in both the total funds entrusted to Curve and the value of its native token, CRV, which serves as a means of transaction within the protocol.

2023-8-2 11:15


Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

Merkle Science, a predictive crypto risk and intelligence platform, announced it has now extended support to over 1,2000 ERC-20 tokens. This additional coverage allows users to have better visibility over a substantial portion of the DeFi space, allowing them to monitor flows of funds across some of the most popular DeFi tokens and stablecoins.

2022-5-20 04:59


China Has No Final Date for Launch of e-CNY, the ‘Cash Substitute’ with Smart Contract Feature Aiming for Internationalization

Declining use of cash and rapid rise in crypto, especially stablecoins, drove POC’s digital fiat development, which will coexist with physical RMB. In its whitepaper, e-CNY claims to offer anonymity for small value and collects less transaction information than traditional electronic payment unless, of course, “stipulated otherwise in laws and regulations.

2021-7-17 19:04


Biconomy launches Forward Swap – a DEX that accepts gas fees in stablecoins

Decentralized technology is on a path of revolution — from traditional exchanges to decentralized exchanges, with the aim of facilitating a more convenient and secure trading space. Although the centralized exchanges conduct trade off-chain, it is necessary you know that despite the development occurring in the trading space, most of their existing challenges, especially the “high cost of transaction” are yet to be resolved.

2021-3-26 14:49


Gen X Investors Overtake Millennials in Crypto Adoption: Wirex & Stellar Report

Nearly 75% of consumers view digital assets and stablecoins as an alternative to traditional money transfer services. High fees, slower transaction times, and hectic cross-border transfers are some of the reasons leading consumers to digital asset payment systems, joint research from Wirex and Stellar Development Foundation (SDF) states.

2021-1-22 21:03


Dash, Zcash and other privacy coins aren’t as popular as Bitcoin on the dark web, claims BlockchainIntel CEO

Virtual assets have evolved over the past decade. The entire concept began as an idea of a financial asset for a peer-to-peer transaction. However, over time, different crypto-projects have entered the cryptospace, with the likes of stablecoins, exchange-launched tokens, dApp tokens and privacy coins gaining popularity quickly.

2019-9-4 23:30


Tether Tops Bitcoin’s Trading Volume Again as USDT Plays Its Part in ‘2019 is the Year of Stablecoins’ Motto

The speculation that 2019 will be the year for all stablecoins seems to have begun already as Tether (USDT) recorded transaction volumes matching the ‘King Coin' Bitcoin (BTC). On the 28th of May 2019, the cryptosphere witnessed USDT's 24hr transaction volume surpass that of Bitcoin (BTC) by about $1 billion, USDT recorded a volume of […]

2019-5-29 18:15