According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily.…

A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed by the Blast team. Despite the stablecoin economy being underwhelming…

Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the…

The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term…

This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds…

This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of…

Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments…

The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at…

According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with…

The U.K. and the U.S. are reviewing tether transactions, valued at $20 billion, processed by the sanctioned cryptocurrency exchange Garantex. Digital currency transactions and crude oil sales are believed to…