Stablecoin Dominance Wanes as Overall Value Rises: Binance Research
The majority market share, amounting to 92%, is still held by centralized stablecoins.
The majority market share, amounting to 92%, is still held by centralized stablecoins.
TUSD experienced a decline to $0.985, signifying its second deviation from the $1 peg within the past two months.
Tether's financial success goes beyond stablecoins, with a $3B Bitcoin investment portfolio as of Jan 4, 2024, proving substantial profit.
Financial firms in the U.S. are “not too comfortable” with USDT and would rather worldwide crypto users execute their stablecoin
Stablecoin TVL on the Tron network increased to all-time highs of around $48 billion.
The world’s largest stablecoin by market capitalization just keeps growing as Tether’s circulating supply approaches a huge milestone.
Tether CEO Paolo Ardoino announces exciting plans for the future, including product launches and team consolidation.
October marked the first expansion in stablecoin supply since March 2022, and a likely sign of renewed interest from investors.
Ethereum stablecoin value dropped by 34% since 2022, while Tron stablecoin value surged by 57.7% in the same period.
Paxos's Solana expansion was approved by NYDFS.