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Stablecoin predictions for 2025: What’s next for the $200B market?

Crypto industry executives share with Cointelegraph what they expect for the now $200 billion stablecoin market next year.

Crypto stablecoins have seen massive successes in 2024, with the fiat currency pegged assets reaching an all-time high circulating supply of over $200 billion in December.

Stablecoins — cryptocurrencies designed to mimic the value of a currency, most popularly the US dollar — are an integral part of the crypto ecosystem and account for 5% of the crypto market value.

With 2025 approaching, Cointelegraph has rounded up the industry’s forecasts and predictions on what key stablecoin trends to expect next year.

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Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Stablecoin Issuer Tether Invests $775,000,000 Into YouTube Rival Rumble

Stablecoin Issuer Tether Invests 5,000,000 Into YouTube Rival Rumble

Tether, the issuer of the largest stablecoin by market cap, is announcing a $775 million investment into YouTube alternative Rumble. Rumble says in a press release that it will be using $250 million of the proceeds to support “growth initiatives” and the remaining capital to fund a self-tender offer for up to 70 million of […]

The post Stablecoin Issuer Tether Invests $775,000,000 Into YouTube Rival Rumble appeared first on The Daily Hodl.

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

Stablecoin company and USDT issuer Tether is reportedly planning to venture into the artificial intelligence (AI) space. Tether CEO Paolo Ardoino is unveiling Tether’s vision to launch a platform that will enable people to interact with artificial intelligence using their mobile phones, reports Bloomberg.  Tether plans to launch the AI platform in the first quarter […]

The post Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report appeared first on The Daily Hodl.

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Video-Sharing Firm Rumble Secures $775 Million Investment From Tether to Drive Growth

Video-Sharing Firm Rumble Secures 5 Million Investment From Tether to Drive GrowthRumble, the video-sharing platform and cloud services provider has just inked a $775 million deal with Tether, the heavyweight of stablecoins. This blockbuster investment signals a partnership between two giants, both devoted to championing decentralization and the freedom of speech. Rumble Gains $775 Million Backing from Tether As revealed in a statement shared with Bitcoin.com […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Crypto Biz: Coinbase vs. BiT Global $1B wBTC dispute

This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States.

Coinbase’s decision to delist Wrapped Bitcoin (wBTC) has sparked significant controversy and a $1 billion lawsuit from BiT Global Digital Limited, a joint custodian of wBTC’s reserves. 

In November, Coinbase announced plans to delist wBTC from its platform, citing undisclosed failures to meet its listing standards. This decision drew criticism from BiT Global Digital Limited, a Hong Kong-based crypto exchange and joint custodian of wBTC’s Bitcoin reserves alongside BitGo since August. 

BiT Global alleged that Coinbase’s move was intended to promote its own competing product, Coinbase Wrapped BTC (cbBTC), which launched on Sept. 12, and has since become one of the most popular Bitcoin wrappers, with about $1.4 billion in total value locked. 

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Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Tether’s Market Cap Taps $140B as Stablecoin Dominates Crypto Trading

Tether’s Market Cap Taps 0B as Stablecoin Dominates Crypto TradingThe market valuation of tether (USDT) has now ballooned to a staggering $140 billion. On Dec. 16, this stablecoin’s market cap makes up 3.75% of the colossal $3.73 trillion crypto universe. Tether’s Market Share Soars in 2024 The journey of the dollar-pegged digital economy has been quite the adventure since stablecoins first hit the scene, […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Coinbase prepares to delist Tether’s USDT stablecoin in Europe

Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date.

Cryptocurrency exchanges in Europe are preparing to delist locally noncompliant stablecoins as European crypto regulations near an enforcement deadline.

Coinbase Europe, Coinbase Germany and Coinbase Custody International will delist Tether’s USDt (USDT) and five other stablecoins on Dec. 13, Coinbase told Cointelegraph on Thursday.

“Based on the latest information, we currently expect we will have to restrict services for the following assets: USDT, PAX, PYUSD, GUSD, GYEN, and DAI,” Coinbase said, referring to the coins as assets restricted by Europe’s Markets in Crypto-Assets Regulation (MiCA).

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Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Tether Scores Major Regulatory Milestone As USDT on Three Chains Deemed ‘Accepted Virtual Asset’ in Abu Dhabi

Tether Scores Major Regulatory Milestone As USDT on Three Chains Deemed ‘Accepted Virtual Asset’ in Abu Dhabi

The firm behind the largest stablecoin by market cap is announcing the achievement of a significant regulatory milestone. In a new announcement, Tether says USDT has become an Accepted Virtual Asset (AVA), as recognized by the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA). Says Tether CEO Paolo Ardoino of the achievement, “This […]

The post Tether Scores Major Regulatory Milestone As USDT on Three Chains Deemed ‘Accepted Virtual Asset’ in Abu Dhabi appeared first on The Daily Hodl.

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

109 Million Wallets Hold USDT: Tether Reports

109 Million Wallets Hold USDT: Tether ReportsThe report underscores USDT’s pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether’s second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million onchain wallets holding USDT at the start of Q4 2024. This makes USDT one […]

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Stablecoin Issuer Tether Details ‘Extraordinary’ Growth of USDT Wallets Driven by Small Holders

Stablecoin Issuer Tether Details ‘Extraordinary’ Growth of USDT Wallets Driven by Small Holders

The firm behind USDT says that the growth of crypto’s largest stablecoin by market cap has been fueled by sharks and minnows rather than whales. In a newly released Tether Insights publication, USDT-issuer Tether highlights the “extraordinary” growth of USDT in crypto wallets. “The growth of USDT wallets has been extraordinary, increasing 71% in the […]

The post Stablecoin Issuer Tether Details ‘Extraordinary’ Growth of USDT Wallets Driven by Small Holders appeared first on The Daily Hodl.

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024