Stablecoin trading volume surges to $1.8T in November
Stablecoins trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024. Go to Source
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PayPal taps Xoom for cross-border stablecoin payments
The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said. Go to Source
Can treasury-linked stablecoins bring stability to DeFi?
Flare Network’s USDX stablecoin introduces treasury yields to DeFi, challenging established players like USDC in terms of economic utility. Go to Source
SCB 10X debuts Rubie Wallet with Thai baht and US dollar stablecoins
SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand. Go to Source
Kalshi rolls out political betting contracts for Trump presidency
The prediction market has listed contracts for betting on events including a prospective Trump impeachment. Go to Source
DePIN XYO launches on Solana
XYO’s native token is now tradable against tokens including SOL and USDC on Solana-native decentralized exchanges Jupiter and Raydium. Go to Source
Stablecoins boosting demand for US T-bills: Treasury Dept
The United States Treasury Department is taking an interest in stablecoins and tokenization. Go to Source
Circle raises USDC cash-out fees, affecting large-scale redemptions
The fee structure revision primarily affects institutional investors and high-volume traders. Go to Source
Circle CEO Hypes Stablecoin Market Growth With Astounding Prediction
Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with the recent expansion of stablecoins, it is still in the early stages of this crypto class. Circle CEO States Stablecoins Will Become a $10 Trillion … Read more
Base stablecoin transaction volume briefly tops all other chains
Base has notched a new record stablecoin volume, temporarily beating out Solana, Ethereum, and Tron for the top spot. Go to Source
