Latest News and Articles about Stablecoin
Ripple Transfers $690M in XRP, Launches RLUSD Stablecoin
Ripple Transfers $690M in XRP, Launches RLUSD Amid Market Fluctuations Ripple Labs made a significant move on January 9, transferring 300 million XRP, valued at around $690 million, to an intermediary address as part of their ongoing ‘XRP Unlock Strategy.’ Amidst recent market volatility, XRP has been trading around $2.28-$2.30, following a 360% surge in […]
Read MoreUSDC Mints $149M on Ethereum in Hours, Signaling Strong Demand
USDC Treasury Mints Over $149 Million in New USDC on Ethereum in Just Hours – $149 million USDC minted on Ethereum – Minting completed in just hours – USDC, a stablecoin, is managed by Circle In a swift operation, the USDC treasury minted over $149 million worth of new USD Coin (USDC) on the Ethereum […]
Read MoreStripes Acquires Bridge for $1.1B, Signals 2025 Stablecoin M&A Trend
Stripes’ $1.1 Billion Acquisition of Bridge Signals Unique Trends in Stablecoin M&A for 2025 Stripes, a prominent fintech company, has made a significant move by acquiring Bridge, a leading stablecoin platform, for $1.1 billion. This acquisition highlights Stripes’ ambition to enhance its position in the growing stablecoin market and signals a notable trend in the […]
Read MoreCircle Mints $274M USDC on Ethereum: Boosts Liquidity, Raises Risks
Circle’s USDC Mints Over $274 Million on Ethereum: Impacts on Market Stability and Liquidity Circle’s USDC treasury recently unleashed over $274 million onto the Ethereum blockchain, a bold move signaling a robust demand for this stablecoin amidst a sea of regulatory hurdles and economic uncertainties. This surge in USDC supply could be the beacon of […]
Read MoreTether’s $1.3B Supply Drop: Analyzing Crypto Liquidity and Market Effects
Tether’s $1.3 Billion Supply Drop: Unpacking the Impact on Crypto Liquidity and Beyond – Tether’s supply drops by $1.3 billion – Concerns over market liquidity and dynamics – Impact on DeFi and other stablecoins analyzed Tether, one of the oldest and most widely used stablecoins, recently experienced a significant drop in its circulating supply by […]
Read MoreTether Enters Crypto VC with $2M Investment in Arcanum Capital, Shaping Blockchain Future
Tether’s Strategic Investment: A Bold Step into Crypto Venture Capital Could Tether’s latest investment redefine the future of digital finance? In a significant move, Tether, the issuer of the USDT stablecoin, has made its first foray into the venture capital world with a $2 million investment in Arcanum Capital. This marks a strategic step for […]
Read MoreTether Targets $10B in Profits with Bold AI Investments and Strategic Diversification for 2024
Tether’s Ambitious Path: Surging Profits and a Bold Leap into AI Tether Holdings, the dominant force in the stablecoin arena, is setting its sights on an audacious profit target of over $10 billion for 2024. With a strategic pivot towards innovation and diversification, Tether aims to redefine its trajectory by investing heavily in artificial intelligence […]
Read MoreTether Invests $775 Million in Rumble: A Game-Changer for Crypto and Media Integration
Rumble’s $775 Million Boost: Tether Ventures into Video Sharing Rumble, a video-sharing platform championing free speech and decentralization, has secured a major $775 million investment from Tether, the world’s most recognized stablecoin issuer. This significant move involves Tether purchasing over 103 million shares of Rumble’s Class A Common Stock, poised to reshape the relationship between […]
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