On-chain information reveals that whale accounts have deposited stablecoins lately. The transfer might be in preparation for beginning shopping for crypto once more. On Might 24, on-chain analytics supplier Santiment reported that huge bag holders are usually not shopping for a lot Bitcoin for the time being. As an alternative, they load stablecoins, help USDC … Read more
Tether and the fee app Strike work collectively. Customers of the favored app, which is shortly increasing its presence in nations around the globe, will be capable of use the stablecoin Tether as a fee methodology. Excellent news for some, however not for regulators who nonetheless view crypto as a Ponzi scheme. Strike, a digital … Read more
For the reason that begin of this yr, the crypto economic system has surged by 41.77%, reaching a present market capitalization of $1.17 trillion. Nonetheless, amid this progress, the stablecoin economic system suffered an enormous lack of $7.3 billion in a span of 140 days. Stablecoins Are Experiencing Important Shifts As per the most recent … Read more