Arbitrum Leads L2 Stablecoin Adoption Amid USDT0 Upgrade, but ARB Struggles

Stablecoin adoption on Arbitrum has reached new heights, with over 1.3 billion USDT now minted on the platform. This makes Arbitrum the clear front-runner among all Layer 2 networks when it comes to the liquidity and adoption of stablecoins. It also cements Arbitrum’s status as a leading scaling solution in the Ethereum ecosystem, one that … Read more

USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers 

Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum’s canonical stablecoin, maintaining the same contract address. Transfers … Read more

Stablecoin growth on the Solana blockchain is remarkable. Stablecoin growth on the Solana blockchain is remarkable.

Stablecoin growth on the Solana blockchain is remarkable. Stablecoin growth on the Solana blockchain is remarkable. The last month has brought the Solana network a massive increase in the supply of stablecoins, particularly USDC and USDT. The DeFi dynamics of the Solana network are now framed by these new developments, and the opportunities and challenges … Read more

Stablecoin Market Surges 65%: Is It Enough to Fuel the Next Crypto Bull Rally?

The cryptocurrency market is a-buzz with talk about the stablecoin’s 65% increase in the total market cap, reaching an impressive $202 billion. This happened during a period of tightening, which makes it even more of a head-scratcher. So, should we consider this growth as sustainable? And, more importantly, could stablecoins actually help propel the next … Read more

Avant Launches Defi-Native Stablecoin Pair on Avalanche

The tokens use sophisticated delta hedging market strategies to generate double-digit yields for investors. Yield-Focused Stablecoins Debut on Avalanche Defi platform Avant launched its yield-focused stablecoin pair AVUSD and SAVUSD on the Avalanche blockchain on Thursday. The tokens made their debut after a five-month whitelisting period where they generated a double-digit yield, according to a … Read more

OKG Research: Stablecoins Can Create up to $100 Billion in Demand for U.S. Debt

The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth An analysis by OKG Research predicts that stablecoins such as USDT and USDC will directly increase the demand for U.S. debt in 2025. It is anticipated that the market value of stablecoins will … Read more

African Regulators to Follow U.S. Lead on Crypto Regulations, Says Yellow Card CEO

Chris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish rules for the sector. African Regulators Seen Following U.S. Lead The recent emergence of a crypto-friendly government in the United States is likely to prompt regulators across Africa to establish rules for the … Read more

Taiwan to Unveil Draft Bill Allowing Banks to Issue Stablecoins

The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins. Joint Management of Stablecoins The Taiwanese Financial Supervisory Commission (FSC) is set to unveil a draft bill for virtual asset service providers (VASPs) in June. According to a … Read more

Solana Stablecoin Market Cap Surges to $10 Billion Amid Memecoin Boom

The Solana blockchain has hit a major milestone, with its stablecoin market cap reaching an all-time high of $10 billion, representing a 69% increase over the past week. The dramatic growth has been fueled by a surge in memecoin trading activity and the network’s appeal as a scalable and efficient blockchain for decentralized finance (DeFi) … Read more