USDT’s Market Cap Hits 1-year High

Reading Time: < 1 minute Tether (USDT) reached a market capitalization of $83.027 billion on May 24, a level not seen since the beginning of May 2022.

Jump Trading Earns $1 Billion Trading TerraUSD (UST)

Reading Time: < 1 minute Jump Trading reportedly earned approximately $1 billion after entering into an agreement with Terraform Labs (TFL) to support the TerraUSD (UST) exchange rate.

Circle Releases USDC Transfer Solution Between Avalanche and Ethereum Networks

Reading Time: < 1 minute Circle, the issuer of USD Coin (USDC), has announced the launch of the CCTP protocol on the mainnet, enabling users to move the stablecoin between blockchains.

Stellar CEO Believes Stablecoin Legalization Will Strengthen Dollar Position in the World

Reading Time: < 1 minute The US authorities can maintain the dollar’s dominant position in the world by implementing a regulatory framework for stablecoins.

The Supply of Stablecoin USDC Slows Down Decline After Silicon Valley Bank’s Collapse

Reading Time: < 1 minute The supply of the coin has slowed down the decline.

The Outflows of Stablecoin USDC Exceed $10B

Reading Time: < 1 minute Since March 10, when regulators closed down a key reserve banking partner of Circle’s USD coin (USDC) stablecoin, crypto investors have been abandoning the token.

USDC Market Value Drops by $10B

Reading Time: < 1 minute The capitalization of USDT is now nearing $80 billion, while USDC has decreased to $33.243 billion.

TUSD is Launched on the TON Blockchain

Reading Time: < 1 minute The TUSD stablecoin team has entered into a partnership with The Open Network blockchain project.

Circle Joins Forces with Xapo Bank to Avoid Expensive SWIFT Payments

Reading Time: < 1 minute
Circle, the issuer of the USDC stablecoin, has entered an agreement with Gibraltar-based Xapo Bank to avoid expensive and lengthy SWIFT payments.