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news-imageApril 29, 2024

Circle's USDC dominates stablecoin transactions, overtakes Tether (USDT)

Visa Inc. data shows Circle's USD Coin outperformed the bellwether Tether (USDT) in transaction volume so far in 2024. Recent starts show that USDC's market share has grown steadily since early January. The stablecoin saw $456 billion in transactions over the last week, eclipsing Tether's $89 billion.
Publisher: Invezz
Sentiment: Positive
USDC
USDT

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Positive
cover-imageThe Currency Analytics
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Tether Mints $3B USDT, Boosting Crypto Market Liquidity

Tether has minted an impressive $3 billion worth of USDT stablecoins in a recent move that is expected to boost liquidity across cryptocurrency markets. The majority of this issuance, $2 billion, was made on the Ethereum blockchain, while $1 billion was issued on the Tron network.

Positive
cover-imageCoinspress
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Cantor Fitzgerald Now Holds $600 Million Stake in Tether

Howard Lutnick, CEO and majority owner of Cantor Fitzgerald, has been nominated as Commerce Secretary by President-elect Donald Trump. Lutnick's potential appointment signals a possible pro-crypto shift in U.S. policy, given his involvement with blockchain and digital asset initiatives.

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