Tether-Issued Stablecoin USDT's Market Share Grows to 75%
Tether's USDT continues to secure its dominant position in the stablecoin market. According to data from Token Terminal, USDT's market share grew to 75% from 55% in the past two years and the supply of USDT also nearly doubled during that period of time. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Ринкова частка стейблкойна USDT, випущеного Tether, зросла до 75%, оскільки ринкова капіталізація досягла 118 мільярдів доларів
Ринкова капіталізація найбільшого стейблкойну майже подвоїлася за два роки, у той час як ключові конкуренти знизилися, а новим учасникам поки що не складе труднощів.
Who Will 'Win' the Trump Harris Debate?; Crypto Scams in 2023
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket traders are betting the traditional pollsters will give the debate to Harris, with a 74% chance that the Ipsos/538 survey will find she "wins" it. Plus, an FBI report says investors lost a record $5.6 billion to crypto-related financial crime in 2023, and insights on a financial crime fighting force created by Tron, Tether and TRM Labs.
Інвестиції Tether у розмірі 100 мільйонів доларів США в LatAm Agriculture Firm можуть бути грою на токенізацію
Adecoagro є засновником і частковим власником аргентинської платформи токенізації сільськогосподарських товарів Agrotoken.
Bitcoin Price May Slide Lower on $1B Withdrawal of USDT: IntoTheBlock
IntoTheBlock noted that more than $1 billion of Tether's USDT stablecoin was withdrawn from crypto exchanges on Tuesday, the most in a day since May. According to the analytics firm, previous cases where withdrawals exceeded $1 billion soon led to a downtrend in bitcoin. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Celsius Filed for Tether to Relinquish $3.3B of Bitcoin; Ripple Began Stablecoin Testing
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as bankrupt crypto lender Celsius asked a U.S. court to order stablecoin issuer Tether to relinquish more than 57,000 bitcoin. Plus, Tigran Gambaryan's family alleges that the Binance executive is being denied adequate access to his lawyers, and Ripple's new stablecoin is being tested on Ethereum and XRP Ledger.
Trump-Linked Website Is Selling 'Bitcoin Sneakers;' Tether Reports Record Net Profits This Year
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Trump-linked website is offering several ranges of bitcoin-themed sneakers with prices as high as $500 a pair. Plus, the Federal Reserve has kept its benchmark fed funds rate range unchanged at 5.25%-5.50% and Tether reported a "record" $5.2 billion of net profits in the first half of 2024 as USDT’s market cap surged to new all-time highs.
Те, що пропущено у звіті Visa про «органічні» стейблкойни
Нова метрика, розроблена спільно платіжним гігантом, свідчить, що лише 10% транзакцій стейблкойнів у квітні були «справжніми» або «органічними». Але методологія, схоже, пропускає деякі ключові випадки використання.
161 Letters of Support for Binance's CZ; Tether's Latest $200M Investment
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as a Washington court received 161 letters of support for Binance co-founder Changpeng “CZ” Zhao. Plus, crypto markets are in the red amid renewed fears of U.S. stagflation and Tether invested $200 million to acquire a majority stake in brain-computer interface company Blackrock Neurotech.
Why USDT Dominates Supply With Lower Transaction Volume
Visa launched a stablecoin dashboard that shows the outstanding supply of fiat-backed tokens at an all-time high, with Tether’s USDT dominating. While USDT dominates supply, when it comes to transaction volume, USDC takes the number one spot. Find out why "Crypto Is Macro Now" newsletter author, Noelle Acheson says this could be. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."