fdusd

Tether and Four Other Stablecoins Set To Lose $625,000,000 in Interest Income Following Fed Pivot: CCData

September 30, 2024 The Daily Hodl

Blockchain

The stablecoin industry will have to weather significant losses in interest income following the Federal Reserve’s latest rate cut, a new report from CCData shows. In its latest report on stablecoins and central bank digital currencies (CBDCs), the digital asset data and index provider notes that the vast majority of the top five stablecoin issuers’ […]

The post Tether and Four Other Stablecoins Set To Lose $625,000,000 in Interest Income Following Fed Pivot: CCData appeared first on The Daily Hodl.

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

Stablecoin Market Adds $1B in Six Days as Major Tokens Expand

September 21, 2024 Bitcoin.com

Altcoins

In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market Grows by $1B in Less Than […]

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and Bridges

September 18, 2024 Bitcoin.com

bitcoin.com

BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported. Key partnerships with exchanges like Binance, […]

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins

September 7, 2024 Bitcoin.com

Altcoins

In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Market Since Aug. 23 Growth in the stablecoin economy has slowed, though it continues to expand, as highlighted by recent […]

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead

September 3, 2024 Bitcoin.com

Altcoins

Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130 million, pushing First Digital’s FDUSD into the fourth largest spot. Stablecoin Shakeup: USDE Slips to 5th, FDUSD Rises to […]

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

Bitcoin Peaks at $69,404 as Short Liquidations Surpass $27M

July 27, 2024 Bitcoin.com

Bitcoin

The price of bitcoin (BTC) increased by 1.9% over the past day, peaking at an intraday high of $69,404 around 9 a.m. EDT on Saturday. Over the last week, BTC has climbed by 3.1% and has risen 16.8% over the past two weeks. Bitcoin’s Upward Momentum: Key Stats and Market Impact Bitcoin is gaining momentum […]

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

Binance Launchpool Rolls Out Support for New Solana-Based AI Computing Altcoin

June 7, 2024 The Daily Hodl

Altcoins

Binance is adding the token of a Solana (SOL)-powered decentralized artificial intelligence (AI) computing network to the roster of supported crypto assets on its Launchpool platform. In a statement, the world’s largest crypto exchange says that io.net (IO) will be the 55th crypto project on Binance Launchpool, which allows users to deposit their coins into […]

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD

June 2, 2024 Bitcoin.com

Altcoins

This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the synthetic U.S. dollar stablecoin USDE, which offers yield earnings on holdings, has exceeded the $3 billion threshold. As of […]

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

May 26, 2024 Bitcoin.com

Altcoins

The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In contrast, First Digital’s FDUSD experienced a 29% supply decrease. Stablecoin Valuations Adjust With Diverse Market Movements in May Since […]

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic

Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth

May 11, 2024 Bitcoin.com

Altcoins

Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds Steady With Little Growth Following a period of rapid […]

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White House Crypto Czar Hails ‘Big Win for Crypto’ as Regulators Scrap Debanking Tactic