Tags: stablecoins

BlackRock’s 10% stake and ARK’s $150M order signal institutional embrace despite pending stablecoin regulations in Congress.

Binance attracted $31 billion in USDT and USDC deposits this May, as it slightly outperformed Coinbase.

TRX transfer volume reached an all-time high in May as it continues to see strong network activity and investor confidence.

Early investors in USD1-paired meme coins on BNB have seen sharp price gains, and have generated significant profits.

RLUSD became XRPL’s largest stablecoin in Q1 with $44.2 million, contributing to a 6.5% quarterly rise in token markets

Democrats are insisting that the bill be amended to include protections against corruption by Trump and his inner circle members.

Several of America’s largest banks are reportedly discussing a stablecoin project of their own. 

Legislation to regulate stablecoins has passed through another Congressional hoop on its path to becoming law.

Ethereum’s gas fees and scalability issues are pushing users to Tron’s faster, cheaper ecosystem for high-volume stablecoin transfers.

The GENIUS Act proposes federal licensing for stablecoin issuers aiming to bring clarity to the $240 billion market.

USDC’s exchange reserves hit 14-month high at $6.5B while USDT lags 12% below its peak, potentially signaling shifting market dynamics.

The United States Treasury Department has predicted a huge increase in stablecoin market capitalization over the next few years.