USDC, Circle’s once-battered stablecoin, has finally officially pulled off a full recovery from the disaster of FTX’s ...
The stablecoin market has hit a record $200 billion market cap, according to CryptoQuant. This surge—up $37 billion since ...
has a lot of catching up to do on USDT. Its USDC stablecoin is still almost $100B behind the leader in the category. Then there’s FDUSD, the stablecoin that steps into the void left by BUSD’s ...
USDC, the second-largest stablecoin by market cap after Tether’s USDt (USDT), entered 2024 with a market value of $24.4 billion and saw a 79% surge to $43.9 billion by the end of the year.
excluding Tether’s USDT (USDT) and USDC, the data reveals relatively average growth since 2024. This suggests that USDT and USDC remain the two most preferred stablecoins in the crypto market.
Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back ...
Bitso, the leading crypto-powered financial services company in Latin America, continues to expand its listing offering for its clients by enabling the use of stablecoins USDT on Polygon and USDC on ...
In contrast, USDT, the heavyweight champion of dollar-pegged stablecoins, eked out just a 1% increase. USDC even outperformed bitcoin, which grew a respectable 10%. According to IntoTheBlock ...
However, USDC still trails behind Tether’s USDT in market capitalization. Tether, which remains the most widely used stablecoin, saw a modest 50% market cap increase in 2024, ending the year at ...
The largest stablecoin is integrating with the Bitcoin network, Tether Paolo Ardoino announced at a Bitcoin conference in El Salvador.
As a result, Binance will cease spot, future and margin trading with USDC, USDP and TUSD stablecoins. "Binance is introducing BUSD auto-conversion for users' existing balances and new deposits of ...