Tether mints another $1B USDT on the Tron network
Tether mints $1 billion USDT on Tron, pushing its total tokens minted in the last year to 33 billion.
Auto Added by WPeMatico
Tether mints $1 billion USDT on Tron, pushing its total tokens minted in the last year to 33 billion.
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.
In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto Assets regulatory framework.
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank’s bankruptcy in June.
According to data from DeFi Llama, the Tron network accrued $1.31 million in network revenue during the past 24 hours alone.
Nudge seeks to unleash a new DeFi primitive called Re: allocation Value.
If the Fed signals a rate cut, as CME data strongly suggests, crypto traders may quickly deploy their stablecoin reserves to drive a market rally.
Grayscale also launched funds for protocols Bittensor and Sui in August.
Ripple believes the total stablecoin market will swell to $2 trillion by 2028 as demand for the low-volatility fiat-pegged tokens grows.
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers.
