1. Home
  2. Digital Currencies

Digital Currencies

Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE

Stablecoin Market Swells With Growth in March, Led by Ethena’s USDEThis month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over the last 30 days. Top Dollar-Pegged […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract

Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days

Stablecoin Market Surpasses 0B, a First in 18 Months, After 0M Growth in 5 DaysThe stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million, breaking past the latest threshold. Stablecoin Market Value Tops $150 Billion The total value of all stablecoins now stands at […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract

Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B

Stablecoin Sector Expands by .95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits 3BIn the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376% increase in its supply during […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract

Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374%

Stablecoin Sector Sees .26 Billion Growth Spurt; Tether Nears 0B Milestone, USDE Supply Swells by 374%The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion by Sunday, March 3, 2024. During February, increases in supply were observed in four of the top five stablecoins by market cap, with FDUSD’s supply growth leading amongst the five. Stablecoin Economy Rises 2.31% in […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract

Stablecoin Market Jumps by Over $2.5 Billion in 10 Days, Led by Rise in Key Players

Stablecoin Market Jumps by Over .5 Billion in 10 Days, Led by Rise in Key PlayersIn the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of the fiat token crypto market has once again risen witnessing an increase exceeding $2.5 billion over the past ten days. Specifically, three stablecoins have driven this upswing, with the stablecoin ethena usde at the forefront […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract

Crypto Economy Hits $1.9 Trillion on Valentine’s Day Surge: DYM, STX, and SEI Lead Gains

Crypto Economy Hits .9 Trillion on Valentine’s Day Surge: DYM, STX, and SEI Lead GainsAt the time of writing, the value of the crypto economy has reached $1.93 trillion, with bitcoin alone accounting for $1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few crypto assets have posted even more significant gains against the U.S. dollar. DYM surged by 16.8%, […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract

Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth

Stablecoin Sector Swells by .7 Billion in February; USDC and FDUSD Lead Supply GrowthStatistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and 40.3%, respectively. The Dual-Edged Sword of Stablecoin Growth As the […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract

BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says

BRICS Currencies to Have No Alternative, Former Russian President Medvedev SaysFiat currencies of BRICS member states will have no alternative in the future, according to former President of Russia Dmitry Medvedev. Nations in the bloc need to think about their digital forms and a digital currency issued by the group as a whole, the Russian politician said. Ruble, Yuan, Other BRICS Currencies to Take Over […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract

Russia to Work With Digital Currencies of Other Nations

Russia to Work With Digital Currencies of Other NationsThe platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms for interaction with digital coins minted by the central banks of other countries are already under development, the monetary authority unveiled. Digital Ruble Platform to Support Integration With Other CBDCs, Bank of […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs SaysWithin the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as a political weapon by Washington, the introduction of currencies like the digital yuan, and […]

BlackRock’s BUIDL fund now transferable via Circle’s USDC contract