USDC surpasses USDT: Compliance is the key to stablecoin dominance
On April 21, 2024, USDT's weekly trading volume continued its downward trend, shrinking to $89 billion, while USDC increased to $455 billion.
JinseFinanceOn April 21, 2024, USDT's weekly trading volume continued its downward trend, shrinking to $89 billion, while USDC increased to $455 billion.
JinseFinanceStablecoin issuer Paxos' subsidiary, Paxos International, announced yesterday the launch of a new stablecoin, USDL, which offers a 5% yield and is regulated by the Financial Services Regulatory Authority of the Abu Dhabi Global Market. The official statement indicated that USDL will be deployed on Ethereum, utilizing smart contracts to automatically distribute daily interest to eligible wallet addresses.
Cheng YuanAs institutional investors enter the cryptocurrency market, Tether's USDT dominance in the stablecoin market may change.
JinseFinanceWhy is everyone rushing to stake their ETH again? What does this mean for the future of Lido? Today we’ll explore these questions and more.
JinseFinanceDominic Williams, founder and chief scientist of DFINITY Foundation, delivered a speech titled “AI is a smart contract — why? how?”
JinseFinanceCryptocurrency trader “Beanie” wrote on X that the current Bitcoin dominance chart resembles the “2018-2019 bear market.”
JinseFinanceThe Tron network witnessed a surge in stablecoin total value locked (TVL), soaring to a record $48 billion, with stablecoins dominating the landscape, as highlighted in a Reflexivity report.
Huang BoCryptocurrency market anticipates altcoin resurgence as Bitcoin dominance wanes. Analyst Crypto Banter predicts substantial rally, emphasizing caution and diversification. Investors urged to navigate dynamic landscape with strategic allocation and risk management.
SanyaData shows the top stablecoin USDT has lost some dominance following the collapse of UST. While other coins like USDC ...
BitcoinistAs the market has plunged into chaos with the recent crash, stablecoins have once again become the unlikely winners of ...
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