Stablecoin Market Hits Fever Pitch With $290 Billion in Play This Week
According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a current valuation of $289.40 billion. From Tether to Paypal: Stablecoins Battle for Billion...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case
US prosecutors are seeking to seize $61 million in Tether’s USDT tied to alleged black-market Iranian oil sales. On Sept. 14, the...
Tether emerges as major bullion lender with $1.5 billion Gold.com financing
Tether's strategic moves in gold financing and accumulation could reshape market dynamics, influencing both stablecoin reserves an...
Circle Switches On Arc Blockchain and Mints 10 Billion Tokens It Has Not Promised to Sell
Circle switched on the public mainnet of Arc, its Layer 1 blockchain, on Wednesday, and said it had minted the entire opening supp...
Bitcoin’s Fed move could run straight into a $6.3 billion IBIT options wall
Bitcoin faces a compressed volatility test as the Federal Reserve’s rate decision lands two days before a major IBIT options expir...
Ripple Joins Velocity, Targets Payment Back End With $10 Million Extension
London-based Velocity has raised an additional $10 million, extending its Series A to $48 million at a $200 million post-money val...
Aave Labs Plans A Tokenized-Asset Credit Market On Avalanche With Tether's USA₮
Aave Labs said it plans to build a dedicated credit market for tokenized real-world assets on Avalanche, with USA₮, the dollar sta...