Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies

June 1, 2024 Bitcoin.com

Africa

A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide, with notable increases seen across all continents. ‘562 Million […]

Fintech Startup Raises .5M to Democratize Maritime Finance

Fintech Startup Raises $1.5M to Democratize Maritime Finance

ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’

May 9, 2024 Bitcoin.com

Bank for International Settlements

Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness then you have to think about another new core product,” he stressed. ‘We Need to Speed up on All […]

Fintech Startup Raises $1.5M to Democratize Maritime Finance

Hong Kong central bank forms community to explore asset tokenization

May 7, 2024 Coin Telegraph

asset tokenization

Regulators like HKMA and SFC united with local private sector firms like HSBC and HashKey to support the tokenization market in Hong Kong.

The Hong Kong Monetary Authority (HKMA), the financial regulator and central bank of Hong Kong, is collaborating with the industry to explore asset tokenization.

HKMA officially announced on May 7 that it will form a special community comprising industry representatives and regulators to develop tokenization standards.

Called “Project Ensemble Architecture Community,” the community aims to supervise and support the development of tokenization projects in Hong Kong.

Fintech Startup Raises $1.5M to Democratize Maritime Finance

Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash

April 22, 2024 Bitcoin.com

Stablecoin Market Hits 0 Billion, Reaching Heights Not Seen Since Terra’s Crash

Altcoins

This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various stablecoins have experienced an increase in supply, with Ethena’s USDE at the forefront, registering a […]

Fintech Startup Raises $1.5M to Democratize Maritime Finance

Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation

April 19, 2024 Bitcoin.com

Stablecoin Market Climbs .81B in a Week, Nearing 0B Valuation

Altcoins

Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to the increase in USDT’s market capitalization, which reached $109.38 billion by Friday at 1:00 p.m. Eastern Time. […]

Fintech Startup Raises $1.5M to Democratize Maritime Finance

Stablecoin Market Expands by $4.46 Billion in 12 Days

April 12, 2024 Bitcoin.com

Stablecoin Market Expands by .46 Billion in 12 Days

Altcoins

In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid April’s First 12 Days As of Friday, April 12, 2024, the […]

Fintech Startup Raises $1.5M to Democratize Maritime Finance

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

March 31, 2024 Bitcoin.com

Altcoins

This 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 […]

Fintech Startup Raises $1.5M to Democratize Maritime Finance

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

March 20, 2024 Bitcoin.com

Stablecoin Market Surpasses 0B, a First in 18 Months, After 0M Growth in 5 Days

Altcoins

The 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 […]

Fintech Startup Raises $1.5M to Democratize Maritime Finance

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

March 15, 2024 Bitcoin.com

Stablecoin Sector Expands by .95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits 3B

Altcoins

In 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 […]

Fintech Startup Raises $1.5M to Democratize Maritime Finance

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

March 3, 2024 Bitcoin.com

Stablecoin Sector Sees .26 Billion Growth Spurt; Tether Nears 0B Milestone, USDE Supply Swells by 374%

Altcoins

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 […]

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