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A fierce struggle among the largest stablecoins transpired in February 2025, with some achieving tremendous growth and others suffering devastating outflows. The contest proved to be beneficial for USDS and PayPal’s PYUSD, with both recording large inflows. In a different development, DAI—the decentralized stablecoin—saw its market cap shrink steadily throughout the month after suffering a … Read more
In the most recent update on the stablecoin market, Circle has made considerable modifications to its USDC issuance and redemption process. At the same time, Tether appears to be cementing its dominance—especially on the TRON network. For the past week, Circle issued around $3.7 billion in USDC, while redeeming about $4.3 billion of the same. … Read more
The stablecoin sector continues to develop. Yields have been moving in an exciting direction. Partnerships are proliferating and appear to promise a lot. While this is happening, major figures in the crypto and finance worlds (figures like Peter Thiel and Paolo Ardoino of Bitfinex and Tether) are pushing hard for something that looks a lot … Read more
The cryptocurrency market remains turbulent, but Circle is undeterred. The company is moving ahead with its plans to expand on the Solana blockchain and just two hours ago minted another 250 million USDC. This continued USDC minting activity has occurred against the backdrop of impressive overall growth of Solana’s stablecoin ecosystem. Over the last six … Read more
In the stablecoin market, USDC is taking the lead and raking in the cash. Since the beginning of the year, it has seen its market cap grow by an impressive 18 percent. With that, it has stepped ahead of several competitors. And where clear regulations were becoming a bone of contention for the next stablecoin … Read more
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
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance Pegkeeper The proposal, authored by Wormhole Oracle, suggests slashing the debt ceiling … Read more
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve’s stablecoin. Go to Source
Tether’s USDT has just reached an all-time high, with its market cap soaring to a staggering $119.14 billion. This milestone solidifies USDT’s position as the leading stablecoin in the cryptocurrency market, inching closer to the $120 billion mark. $USD Tether’s market cap has reached a new peak in market value, nearing $120 billion. Tether has … Read more
The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator Charges Crypto Companies Trusttoken and Truecoin According to the SEC’s complaint released on Tuesday, Truecoin and Trusttoken … Read more
