In the past two days, institutional investors have ceased their accumulation of stablecoins, leading to a notable decline in Bitcoin's price. As of 08:03 am UTC on August 12, Bitcoin (BTC) has dropped 3.9% to $58,930, falling from a weekly high of $62,510 and slipping below the $60,000 mark.
Read MoreRecent on-chain data reveals a significant increase in stablecoin activity following recent market fluctuations. Tether (USDT) and Circle’s USD Coin (USDC) have both experienced substantial growth, reflecting their crucial roles in the cryptocurrency market's recovery and expansion.
Read MoreThe Bank for International Settlements (BIS) recently released new guidance aimed at regulating stablecoins, posing a significant challenge to the dominance of Tether (USDT) and USD Coin (USDC), the two largest stablecoins by market capitalization.
Read MoreToncoin (TON) experienced a significant surge in activity during the second quarter of 2024, processing over $9 billion in transactions.
Read MoreIn the sometimes-volatile world of cryptocurrency, stablecoins offer a safe haven. But with USDT (Tether) and USDC (USD Coin) as the top contenders, which one reigns supreme? Let's break down their key features to help you decide.
Read MorePopular mobile browser Opera Mini is expanding its cryptocurrency offerings. Their built-in crypto wallet, MiniPay, now supports the two leading stablecoins: Tether (USDT) and Circle (USDC).
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