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USDT’s Market Cap Hits New ATH at $83.25B While Other Stablecoins Shrink
/ Blockchain, Markets

USDT’s Market Cap Hits New ATH at $83.25B While Other Stablecoins Shrink

As opposed to USDT, both USDC and BUSD saw their market caps shrink in May 2023.

June 01, 2023
Num Finance Completes $1.5M Pre-Seed Round to Expand Stablecoins in Emerging Markets

Num Finance Completes $1.5M Pre-Seed Round to Expand Stablecoins in Emerging Markets

DeFi protocol Num Finance recently announced it had raised $1.5 million in a Reserve-led pre-seed funding round.

May 23, 2023
Stablecoins Become Safe-Haven Assets in Inflation-Struck Argentina and Turkey

Stablecoins Become Safe-Haven Assets in Inflation-Struck Argentina and Turkey

Turkey and Argentina have the highest ownership rate of digital currencies worldwide at 27.1% and 23.5%, respectively.

May 02, 2023
U.S. House Financial Services Committee Unveils Draft Stablecoin Legislation: Key Insights

U.S. House Financial Services Committee Unveils Draft Stablecoin Legislation: Key Insights

The new draft bill includes a two-year ban on stablecoins that aren't backed by reserve assets.

April 17, 2023
BoE’s Bailey: Banks Shouldn’t Overlook Commercial Digital Money

BoE’s Bailey: Banks Shouldn’t Overlook Commercial Digital Money

According to Andrew Bailey, stablecoins have a credible claim to being digital money—but only if regulated in the same way as other forms of money.

April 12, 2023