Stablecoins Dominate Crypto Trading as Retail Activity Drops: CEX.io
Stablecoin supply reached $315 billion in Q1 as USDC grew and USDT declined, with trading dominance rising and bot-driven activity signaling shifting market dynamics.
Stablecoin supply reached $315 billion in Q1 as USDC grew and USDT declined, with trading dominance rising and bot-driven activity signaling shifting market dynamics.
The political action committee that claimed to have more than $100 million in funding from crypto-aligned interests will be headed by a Tether executive.
Standard Chartered says stablecoin velocity has doubled in two years amid rising payments and TradFi activity, led by USDC and new AI-related flows.
Nium launches a platform enabling businesses to issue stablecoin-funded cards and convert balances to fiat at the point of sale via Visa and Mastercard.
Tether has reportedly brought in KPMG for its first full audit of USDT reserves and PwC for systems work ahead of its US expansion.
Bitcoin traders cut their leveraged positions and shifted into stablecoins after macroeconomic and US inflation-based concerns pushed markets into a defensive stance.
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