Global #stablecoins.

Stablecoins have swiftly established themselves as a critical component of the cryptocurrency ecosystem, accounting for 50% of all on-chain activity.

As the 2024 U.S. elections approach, digital assets are emerging as a pivotal political issue, prompting industry executives and advocates to urge candidates to adopt pro-crypto policies.

Tether, the world’s leading stablecoin issuer, has announced a record-breaking profit of $2.5 billion for the third quarter of 2024.

Paxos has officially launched USDG, a new stablecoin backed by real U.S. dollars, enhancing trust and stability for users.

In a strategic move to enhance liquidity during the ongoing bull market, Tether has minted a substantial amount of USDT over the TRON network.

Wall Street is experiencing a surge in interest in tokenized money-market funds as traders seek alternatives to traditional stablecoins.

According to Dante Disparte, Chief Strategy Officer and Head of Global Policy at stablecoin issuer Circle, the United Kingdom is poised to introduce formal regulations for stablecoins in the coming months.

Tether's stablecoin, USDT, has achieved a new milestone, surpassing a market capitalization of $120 billion for the first time.

Tether (USDT) has continued its reign as the dominant stablecoin, setting a new milestone on the TRON network. In September 2024, TRON facilitated a staggering $424 billion in USDT transfers, making it one of the highest monthly transfer amounts ever recorded for the stablecoin.

Stablecoins are rapidly becoming a mainstream digital tool for everyday transactions, with both companies and regular users embracing them for payments.

In a pioneering move for Thailand's financial sector, Siam Commercial Bank (SCB) has officially launched stablecoin-based cross-border payment services, marking what it claims to be the country's first implementation of stablecoins in the traditional banking system for international remittances.

JPMorgan Chase has maintained a positive outlook on digital assets, projecting a bullish trend for 2025. Led by managing director Nikolaos Panigirtzoglou, the firm's analysts have outlined key factors driving their optimism in their "Alternative Investments Outlook and Strategy" report.