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Franklin Templeton Enables USDC Conversions on Benji Investments Platform

Franklin Templeton Enables USDC Conversions on Benji Investments PlatformFranklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets to purchase shares represented by BENJI tokens. USDC Conversions Now Available for Franklin Templeton’s Onchain Fund on Benji Global […]

Elon Musk, the world’s richest man, hits record $348B net worth

Circle Officially Launches in Brazil, Partners With Latam Giants BTG Pactual and Nubank

Circle Officially Launches in Brazil, Partners With Latam Giants BTG Pactual and NubankCircle, the company behind USDC, the second-largest stablecoin in the cryptocurrency market, has announced its official launch in Brazil. The company inked an alliance with BTG Pactual, the largest investment bank in Latam, to provide onboarding and distribution services for Brazilian companies. Circle also partnered with Nubank, a leading digital neobank. Circle Partners With BTG […]

Elon Musk, the world’s richest man, hits record $348B net worth

FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

FDUSD Supply Shrinks by 29% Amid Stablecoin Supply ShiftsThe 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 […]

Elon Musk, the world’s richest man, hits record $348B net worth

Fantom (FTM) Defies Crypto Market Doldrums and Surges 15% This Week Amid New Chain Upgrade

Fantom (FTM) Defies Crypto Market Doldrums and Surges 15% This Week Amid New Chain Upgrade

Ethereum (ETH) rival Fantom (FTM) has outpaced the broader crypto market and surged in price this week amid a new upgrade. FTM is trading around $0.801 at time of writing. The 55th-ranked crypto asset by market cap is up nearly 5.5% in the past 24 hours and more than 15% in the past week. By […]

The post Fantom (FTM) Defies Crypto Market Doldrums and Surges 15% This Week Amid New Chain Upgrade appeared first on The Daily Hodl.

Elon Musk, the world’s richest man, hits record $348B net worth

Stablecoin Issuer Circle Files To Move Headquarters to USA Ahead of Planned IPO: Report

Stablecoin Issuer Circle Files To Move Headquarters to USA Ahead of Planned IPO: Report

Stablecoin issuer Circle is reportedly looking to move its domicile to the US ahead of its planned upcoming initial public offering (IPO). According to a new report by Bloomberg, Circle, which issues the dollar-pegged crypto asset USDC, is planning on moving to the US from Ireland. An anonymous company spokesperson told Bloomberg that the court […]

The post Stablecoin Issuer Circle Files To Move Headquarters to USA Ahead of Planned IPO: Report appeared first on The Daily Hodl.

Elon Musk, the world’s richest man, hits record $348B net worth

Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi

Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by SocialfiFranklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum L2. On social media, the company declared that Base had “hit a home run” due to its popularity with meme coins and socialfi applications, including the pioneering app in the space, Friend.tech. Franklin Templeton Praises Base’s Performance, Comments […]

Elon Musk, the world’s richest man, hits record $348B net worth

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

Whales reportedly had a field day over the weekend, gobbling up millions of dollars worth of digital assets from crypto exchange Binance. Blockchain tracking firm Lookonchain says that on Saturday, crypto whales withdrew stacks of the decentralized oracle project Chainlink (LINK), meme token Pepe (PEPE), decentralized exchange Uniswap (UNI), stablecoin governance token Maker (MKR) and domain […]

The post Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain appeared first on The Daily Hodl.

Elon Musk, the world’s richest man, hits record $348B net worth

New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics

New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics

Market intelligence platform Kaiko Analytics reports that new competitors are chipping away at Tether’s (USDT) stablecoin dominance. In a new report titled “Tether Loses Market Share,” Kaiko Analytics says that the stablecoin issuer’s market share over centralized exchange platforms (CEXs) has dipped 13% year-to-date (YTD) due to the growth of rival dollar-pegged digital assets, such […]

The post New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics appeared first on The Daily Hodl.

Elon Musk, the world’s richest man, hits record $348B net worth

BlackRock Leads Funding Round for US Firm Focused on Tokenization of Real-World Assets

BlackRock Leads Funding Round for US Firm Focused on Tokenization of Real-World Assets

Asset management titan BlackRock is leading a new fundraising round for Securitize, a US company geared towards the tokenization of real-world assets. According to a new press release, Securitize has completed a $47 million funding round led by BlackRock, which has over $10 trillion of assets under its management and is the largest asset manager […]

The post BlackRock Leads Funding Round for US Firm Focused on Tokenization of Real-World Assets appeared first on The Daily Hodl.

Elon Musk, the world’s richest man, hits record $348B net worth

Payment Processor Stripe To Kick Off USDC Payments This Summer, More Than Six Years After Ditching Bitcoin

Payment Processor Stripe To Kick Off USDC Payments This Summer, More Than Six Years After Ditching Bitcoin

Payment processing firm Stripe plans to roll out global USDC payments this summer, more than six years after the company ended Bitcoin (BTC) support. John Collison, Stripe’s president and co-founder, announced the upcoming payments feature on Thursday. At a presentation, Collison demonstrated how customers could link crypto wallets to Stripe and make instant payments with […]

The post Payment Processor Stripe To Kick Off USDC Payments This Summer, More Than Six Years After Ditching Bitcoin appeared first on The Daily Hodl.

Elon Musk, the world’s richest man, hits record $348B net worth