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British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike

British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate HikeThe world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal U.S. dollars per unit, but rebounded against the greenback to 1.0775 by 11 a.m. Monday morning. Pound Sinks Against Greenback […]

Phantom Wallet climbs Apple app store charts — Bullish sign for Solana?

Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain Networks

Near Protocol Supports Tether USDT, Stablecoin Is Now Hosted on 14 Blockchain NetworksOn Monday, the stablecoin issuer Tether Operations Limited announced that the stablecoin tether is now supported by the Near blockchain network. Following a number of recent implementations, Near will be the 14th blockchain network that hosts the largest stablecoin by market capitalization. Tether Connects With the Near Protocol Tether has revealed that tether (USDT) is […]

Phantom Wallet climbs Apple app store charts — Bullish sign for Solana?

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from January 2022 to today, euro stablecoin numbers dropped 14.17% during the […]

Phantom Wallet climbs Apple app store charts — Bullish sign for Solana?

Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent

Euro Drops to 20-Year Low Against the US Dollar, Tapping .028 per Unit — Analyst Says Parity Is ImminentThe euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe that the risk of “parity is just a matter of time now.” […]

Phantom Wallet climbs Apple app store charts — Bullish sign for Solana?

Tether Launches Stablecoin Pegged to the British Pound Sterling

Tether Launches Stablecoin Pegged to the British Pound SterlingTether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT. Tether Launches the Company’s 4th Fiat-Pegged Crypto Asset On June 22, 2022, […]

Phantom Wallet climbs Apple app store charts — Bullish sign for Solana?