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Tron Developing Unique Gas-Free Stablecoin for Multiple Chains
Jul 08, 2024
Tron founder Justin Sun has announced a new stablecoin project. It is supposed to be a unique solution, aiming to eliminate gas fees for peer-to-peer transfers. The stablecoin will cover fees by itself. That sound a bit fantastic, yet there is a pretty plausible explanation. Sun revealed the plans i
Opera Mini Adds USDT and USDC Support to Its Crypto Wallet
Jul 05, 2024
Opera's mobile browser, Opera Mini, is upgrading its cryptocurrency wallet MiniPay to include two of the world's most popular stablecoins - Tether's USDT and Circle's USDC. Users can switch between USD Coin and cUSD with minimal fees. The process uses a simple drag-and-drop motion. Jørgen Arnesen, O
Ethereum Whale Moves $206m from Bitfinex to Perform a Mysterious Chain of Trades
Jul 03, 2024
A significant Ethereum (ETH) transaction caught the attention of crypto analysts over the weekend. On-chain data revealed a single entity withdrew over $206 million worth of ETH from Bitfinex. What is this whale up to? Lookonchain suggests the whale is likely Abraxas Capital Management. it is a famo
Circle Secures EU Stablecoin Approval: Does USDC Have a Chance to Outrun USDT?
Jul 02, 2024
Circle has obtained registration as an electronic money institution in France. This grants the firm a crucial license to issue stablecoins under the European Union's new stringent crypto regulations. And thus Circle's USDC might finally get an edge over Tether's USDT. The approval comes from France'
Stablecoin Holdings Decline as Bitcoin Remains Dominant Among Investors
Jun 25, 2024
Stablecoin holdings among investors fell from 50.2% in December to 42.8% in May, Bybit's Q2 Asset Allocation report reveals. Bitcoin remains the largest single asset held, accounting for 26% of total assets. That should not come as a surprise, but excluding stablecoins, Bitcoin and Ethereum comprise
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