How Did Tether Achieve $50 Billion Market Growth in 2024

Tether Holdings has seen notable growth in 2024, driven by the increasing demand for its USDT stablecoin. With Bitcoin and other cryptocurrencies hitting new highs, USDT’s market capitalization rose by nearly $50 billion, bringing the total to over $140 billion.…

Why Is Gulf Bank Raising $50 Million for Stablecoin Deals?

Singapore Gulf Bank is gaining momentum as a key player in the financial sector, leveraging strategic investments and innovative approaches to establish its presence in the Middle East and beyond. Recent developments highlight its ambitious growth plans, including funding initiatives…

Stablecoin Firm BVNK Plans Funding Round After Stripe Acquisition

Stablecoin payments are gaining attention as a practical solution for modern financial transactions, and BVNK has become a key participant in this space. Founded in 2021, the company processes $8 billion annually and holds licenses in several countries, including the…

FDUSD vs Tether: What 3 Factors Drive Stability and Volume?

In the digital finance landscape, stablecoins help facilitate transactions and provide stability in a volatile market. First Digital USD (FDUSD) has drawn attention for its value close to $1, making it a steady asset in cryptocurrency. Recent changes in FDUSD’s…

Why Did Circle Raise Fees Amid 70% Stablecoin Market Dominance?

Circle Internet Financial Ltd., has recently undergone notable changes impacting the fees for redeeming USDC, its widely-used stablecoin. The latest restructuring in Circle’s redemption policies reveals strategic adjustments designed to align the platform more closely with global liquidity needs while…

Tether Central Role in Crypto Faces Increased Regulatory Scrutiny?

The cryptocurrency landscape has seen transformative growth over recent years, with Tether emerging as a central figure due to its significant influence on digital asset markets. Serving as a primary tool for cryptocurrency traders and institutions, Tether (USDT) functions as…

Will Circle Achieve a Top 2 Stablecoin Market Spot in 2024?

Circle Internet Financial Ltd. has been making waves in the cryptocurrency landscape, strategically positioning itself as a key player within the stablecoin market and preparing for a public offering. Circle’s journey, which has included challenges with initial plans to go…

How Can Tether Tokenize Turkey’s $1.3 Billion Boron Market?

Tether Holdings Ltd. is exploring the use of blockchain technology in Turkey’s boron market by proposing digital tokens to represent borate minerals. With Turkey holding a significant share of global boron reserves, Tether’s plan aims to modernize trade in this…

Can Tether Provide 30% Lending to Commodity Traders?

Tether Holdings Ltd is making waves in the commodities trading sector as it explores lending opportunities to companies within this industry. The stablecoin issuer, known for USDT, the world’s largest stablecoin, has been in talks with various firms to potentially…

USDC on Sui expands DeFi liquidity with cross-chain features

The introduction of native USDC to the Sui ecosystem marks a critical advancement in the development of decentralized finance. As a major player in the stablecoin market, USDC provides the stability necessary for transactions and liquidity management. Its presence on…