Ethena Is Threat to USDC and USDT: Santiment
Ethena’s USDe has surged due to its innovative synthetic model and dual-token strategy that have sparked massive user demand.
Stay updated on USDC (USD Coin), a leading regulated stablecoin backed by U.S. dollars. Explore news on blockchain integrations, institutional adoption, transparency reports, and its role in global crypto payments.
Ethena’s USDe has surged due to its innovative synthetic model and dual-token strategy that have sparked massive user demand.
The collaboration aims to integrate USDC and EURC into Germany’s market infrastructure, a significant step for regulated stablecoins in Europe.
Circle is examining how it can introduce transaction reversibility to recover funds stolen in hacks and frauds.
Investors have withdrawn hundreds of millions of USDC tokens from exchanges over the past day, and it could only mean three things.
Circle has minted over $588 million in USDC within 24 hours amid a bullish crypto market and S&P 500 reaching new all-time highs, potentially kickstarting an altseason.
Circle and OKX have partnered to enhance USDC stablecoin liquidity, providing 1:1 USD conversions and improved access for global users.
USDC issuer, Circle, has filed for its IPO on the New York Stock Exchange under the ticker “CRCL” marking the start of the public listing journey.
Sony Electronics announced it will accept USDC stablecoin payments in Singapore facilitated by Crypto.com.
SBI Group’s crypto unit SBI VC Trade is set to commence USDC stablecoin service later this month.
Avalanche Foundation debuts a crypto-powered Visa card in partnership with Rain, targeting Latin America and Caribbean markets first, allowing seamless payments with AVAX and stablecoins.
The stablecoin payment option will initially be available at Metro Paragon and Metro Woodlands locations.
Despite market challenges, PayPal remains committed to expanding PYUSD’s use cases, positioning it as a reliable payment solution for merchants worldwide.
The stablecoins has now joined Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple’s XRP, and Toncoin (TON) in Dubai’s approved list of tradable cryptocurrencies.
With a 78% market share, USDC dominates Solana’s stablecoin ecosystem, overshadowing Tether (USDT) and other rivals.
The rising supply of stablecoins like USDT and USDC signals potential bullish sentiment, with analysts viewing them as “dry powder” for altcoins rally ahead.