Can Tether still sleep peacefully? USDC rises to $56.3 billion, wipes out its losses, and makes its way to the table of the big players. Stablecoins are reinventing cash... and the battle is fierce.
The stablecoin market has just crossed a historic milestone, reaching a market capitalization of over $200 billion. This rapid progression reflects a growing interest from investors in these dollar-backed assets, often perceived as a more stable alternative amidst the volatility of cryptocurrencies. While Tether (USDT) still dominates the market with $139.4 billion, the current dynamics indicate a rise of USDC, whose capitalization has more than doubled in three months. This shift in balance raises strategic questions: are we witnessing a mere redistribution of capital or a precursor signal of a major turning point for the crypto market?
MEXC, a leading crypto exchange, has introduced a zero-fee trading event for spot USDC pairs. This initiative allows users to enjoy 0% Maker and Taker fees, optimizing their trading strategies and enhancing profitability.
With a magical stablecoin flick, Ripple sparks 106% growth. Dancing numbers, talking millions.
On the crypto scene, Trump exchanges stablecoins for ETH. A bold move of 5 million that brightens his treasury of 73 million in digital assets.
Avalanche is launching a Visa card to pay with cryptos: finally a solution to spend your bitcoins at the supermarket!
"Decentralized finance, Trump’s new craze! The sale of WLFI promises mountains and wonders to investors… or not."
The SUI-Litecoin duel ends with a technical KO: SUI rakes in the billions, while Litecoin cheers from the 21st place!
Circle, the issuer of the USDC stablecoin, partners with Japanese giant Sony to revolutionize the economy of digital creators. This strategic alliance aims to integrate USDC on Soneium, Sony's new blockchain, thus opening new perspectives for Web3.
While Bitcoin lags behind, stablecoins could well wake it up. But beware, nothing is ever certain.
Crypto: New MiCA standards for regulatory clarity in Europe
The Mica law comes into effect on June 30th. Too ambiguous and restrictive, the law is controversial and concerns professionals in the cryptocurrency industry. Ultimately, USDT and USDC could completely disappear in Europe.
Massa launches an ambitious incentive program with 7 million Massa tokens. The goal is to enrich its ecosystem and boost participation.
From $125 million in 2022, the total crypto donations collected by major American charities reached $2 billion in 2024. This surge was triggered when 2 out of the 3 largest charities started accepting crypto donations. Embracing crypto allowed them to expand their donor base, making them significant players in adoption. More details to follow.
Coinbase thriving, overshadowing the challenges of 2022, with a soaring performance.
Binance drops USDC support on Tron, calling into question established crypto alliances and opening the door to new challenges
Tether surpasses $100 billion, dominating the stablecoin market with record growth.
The USDC lost its peg to the dollar yesterday. Instead of trading at 1 dollar, this stablecoin from Circle saw its value drop to an alarming level on Binance. This created a situation of panic within the crypto community.
While Binance finds itself in the SEC's crosshairs, another crypto, USDC, finds itself caught up in this storm. But what's really going on, and why is Circle concerned?
Unlike other cryptos, stablecoins inspire relatively more confidence among users. This is due to the stability of their value, which correlates with that of a fiat currency. However, their monetary status had never been officially recognized. At least, until Jerome Powell, Chairman of the US Federal Reserve (Fed), did so. Is this a turning point?