Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance
Stablecoin “whale wallets” containing more than USD 1m controlled the lion’s share of stablecoin volume in 2021, despite the once-dominant Tether (USDT) increasingly being challenged by other stablecoins, according to on...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Stablecoin “whale wallets” containing more than USD 1m controlled the lion’s share of stablecoin volume in 2021, despite the once-dominant Tether (USDT) increasingly being challenged by other stablecoins, according to on-chain analytics firm Nansen....
Read More: Whales Make Up More Than Half of Stablecoin Volume, Tether Losing Dominance
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 CryptonewsRelated market context
Solayer Pay Adds Five Blockchain Networks For Direct Stablecoin Card Deposits
TL;DR: Solayer Pay says its card app now accepts supported stablecoin deposits from Solana, Ethereum, Arbitrum, BNB Chain and Base...
Tether Blacklists USDT Wallets Linked to CoinDCX Outflows
AMLBot puts the frozen sum at about $2.2 million, after CoinDCX acknowledged losses from a failed process for securing deposits to...
Bitcoin Core Rewrites Security Policy as LLMs Make Some Bugs Easy to Rediscover
Bitcoin Core has rewritten part of its security policy for an era of AI-assisted bug hunting. A policy update approved this week c...
Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head
Bitcoin Magazine Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head The Bank of Ko...
Binance Founder CZ Makes Shocking Claim About AI Hacking: “No Crypto Wallet Is 100% Safe”
The comments followed two X posts in which CZ discussed the limits of digital security and AI risks, highlighting phishing and soc...
Bank Lobby Presses OCC For Clarity On Stablecoin Rewards After Final Rule
A final stablecoin rule has not ended the argument over rewards. The Bank Policy Institute used its October 24 newsletter to renew...