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Circle’s USDC Hits Record Market Cap Over B as Stablecoin Demand Soars

Circle’s USDC Hits Record Market Cap Over $56B as Stablecoin Demand Soars

USDC and USDT minting accelerated in the past weeks, providing a bullish signal for crypto markets despite declining token prices.
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Tron’s T3 Financial Crime Fighting Unit Hits 0M in Frozen USDT

Tron’s T3 Financial Crime Fighting Unit Hits $100M in Frozen USDT

The unit is a joint venture between Tron, TRM Labs and Tether.
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Tether’s Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In

Tether’s Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In

Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.
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Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto

Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.
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Tether’s USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino

Ardoino said there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.
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Tether to Stop Minting Stablecoin USDT on Algorand and EOS

The circulating supply of the dollar-linked stablecoin on the two blockchains represents only about 0.1% of the total USDT supply.
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Tether’s Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.
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Number of Stablecoin Holders Nears 100M Mark, Data Show

The number of addresses holding stablecoins has risen 15% this year, according to veri source rwa.xyz.
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Tether’s USDT Stablecoin Touches $100B Market Cap, Benefiting From Crypto Trading Frenzy

Despite years-long scrutiny over Tether's stability, USDT saw a rapid resurgence in 2023 benefiting from its close competitors' troubles.
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Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap

The stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.
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