Crypto’s Dry Powder Is Drying up as Stablecoin Sector Contracts by $9.4B
According to the latest figures, the stablecoin economy contracted by $2.119 billion during the past seven days, while several of the leading USD-backed coins also posted notable outflows over the last 30 days. Stablecoi...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on Bitcoin NewsRelated market context
Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges
Bitcoin Magazine Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges Payment volume processed on crypto ca...
Securitize Teams With Korea’s LG CNS to Explore Tokenized Funds and Stablecoins
Securitize and Korean technology company LG CNS announced a strategic partnership, set out in a memorandum of understanding, aimed...
XRP ETFs now hold $1.7 billion but took in just $4M last week
XRP traded around $1.43 on Oct. 7, down 5.46% over 24 hours. Five tracked US spot XRP ETFs held an estimated $1.7 billion at the p...
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMark...
Tether signs MoU with Kazakhstan’s central bank to explore tenge stablecoins and tokenized assets
Kazakhstan's collaboration with Tether could enhance its fintech landscape, potentially boosting local currency integration in dig...
Bitcoin price has risen 84% since January 2024 while Treasury yields climbed
Bitcoin traded below $84,000 on Oct. 7 as US Treasury yields near 5.3% offered investors a competing interest-bearing alternative....