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Tether Announces Plans To Launch New Stablecoin Pegged to UAE’s Dirham

Tether Announces Plans To Launch New Stablecoin Pegged to UAE’s Dirham

Stablecoin issuer Tether (USDT) is announcing new plans to launch a new digital asset pegged to the Dirham (AED), the currency of the United Arab Emirates (UAE). In a new press release, the firm behind USDT says that it will be working closely with the nation’s central bank as well as blue-chip tech companies to […]

The post Tether Announces Plans To Launch New Stablecoin Pegged to UAE’s Dirham appeared first on The Daily Hodl.

Crypto.com to launch Mastercard-powered card in Bahrain

Tether Mints Over $33,000,000,000 in USDT This Year on TRON and Ethereum: On-Chain Data

Tether Mints Over ,000,000,000 in USDT This Year on TRON and Ethereum: On-Chain Data

Blockchain data shows that stablecoin issuer Tether has minted over $33 billion in USDT over the last year. According to blockchain tracking firm Lookonchain, $33 billion in USDT has been minted on the Tron (TRX) and Ethereum (ETH) blockchains. “Tether Treasury minted 1B USDT on Tron Network again 25 minutes ago! TetherTreasury has minted 33B […]

The post Tether Mints Over $33,000,000,000 in USDT This Year on TRON and Ethereum: On-Chain Data appeared first on The Daily Hodl.

Crypto.com to launch Mastercard-powered card in Bahrain

Tether to Launch USDT Stablecoin on Aptos Blockchain

Tether to Launch USDT Stablecoin on Aptos BlockchainTether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks to offer rails with “extremely low gas fees” for USDT users, opening opportunities for the development of new use cases such as microtransactions and large-scale […]

Crypto.com to launch Mastercard-powered card in Bahrain

Stablecoin Issuer Tether Announces Launch of USDT on Aptos (APT) Network

Stablecoin Issuer Tether Announces Launch of USDT on Aptos (APT) Network

The firm behind the largest US dollar-pegged stablecoin by market cap will soon be launching on another layer-1 blockchain. According to a new announcement from Tether, USDT will soon be available on Aptos (APT), a high-speed Ethereum (ETH) rival blockchain built for scalability. “Tether, the largest company in the digital assets industry, today announced that […]

The post Stablecoin Issuer Tether Announces Launch of USDT on Aptos (APT) Network appeared first on The Daily Hodl.

Crypto.com to launch Mastercard-powered card in Bahrain

Investor Chris Burniske Names One Crypto Ecosystem No One’s Talking About That ‘Might Get Very Good’

Investor Chris Burniske Names One Crypto Ecosystem No One’s Talking About That ‘Might Get Very Good’

Venture capitalist Chris Burniske says that one ecosystem in digital assets could be the one to watch in the near future. In a new interview with Real Vision founder Raoul Pal, Burniske, a partner at venture capital firm Placeholder, says he has his eye on the Move ecosystem. Move is a programming language originally built […]

The post Investor Chris Burniske Names One Crypto Ecosystem No One’s Talking About That ‘Might Get Very Good’ appeared first on The Daily Hodl.

Crypto.com to launch Mastercard-powered card in Bahrain

Arthur Hayes Doubles Down on Dogecoin (DOGE) and One DeFi Altcoin Amid Crypto Downturn

Arthur Hayes Doubles Down on Dogecoin (DOGE) and One DeFi Altcoin Amid Crypto Downturn

BitMEX co-founder Arthur Hayes is increasing his bullish sentiment on both Dogecoin (DOGE) and Pendle (PENDLE) despite the sudden crypto downturn. Hayes tells his 524,900 followers on the social media platform X that there remains more upside potential this cycle for memecoin DOGE and Pendle, which allows users to tokenize and sell future yields. “I’m […]

The post Arthur Hayes Doubles Down on Dogecoin (DOGE) and One DeFi Altcoin Amid Crypto Downturn appeared first on The Daily Hodl.

Crypto.com to launch Mastercard-powered card in Bahrain

Arthur Hayes Unveils Big Aptos (APT) Prediction, Updates Outlook on Memecoin Sector

Arthur Hayes Unveils Big Aptos (APT) Prediction, Updates Outlook on Memecoin Sector

BitMEX co-founder Arthur Hayes just unveiled a massive prediction for Ethereum (ETH) competitor Aptos (APT). In a new interview with Coin Bureau co-host Jessica Walker, Hayes predicts that layer-1 (L1) smart contract blockchain Aptos will overtake Solana (SOL) this market cycle. “I’ll put this out there on this particular venue and I’ll qualify it with […]

The post Arthur Hayes Unveils Big Aptos (APT) Prediction, Updates Outlook on Memecoin Sector appeared first on The Daily Hodl.

Crypto.com to launch Mastercard-powered card in Bahrain

Aptos hits all-time high in user transactions

The recent surge in transactional activity on Aptos is attributed to the launch of Tapos Cat, a new tap-to-earn game that has gained rapid popularity.

The layer-1 blockchain platform Aptos, developed by former Facebook employees, has achieved a new milestone in blockchain transactions. It surpassed Solana by recording 115. 4 million transactions in a single day in a single day on May 25, compared to Solana’s 31.7 million.

The surge in transaction volume set a new benchmark and surpassed the previous L1 record of over 65 million held by Sui Network by a significant margin of over 50%.

According to Aptoscan, the blockchain’s user TPS (transactions per second) also reached an all-time high of 32,000 on the same day. This signifies a substantial increase in activity within the blockchain ecosystem, underscoring the growing adoption and momentum in the industry.

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Crypto.com to launch Mastercard-powered card in Bahrain