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news-imageJune 3, 2024

Tether Dominates Polygon's Stablecoin Market with $792M Cap, Growing 29% QoQ

Tether's USDT dominates Polygon's stablecoin market cap of $1.5 billion.
Publisher: CryptoPotato
Sentiment: Positive
POL
USDT

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Positive
cover-imageCrypto Economy
April 23, 2025

Polygon and Pyse Electrify Dubai, Eye India's EV Boom

TL;DR Polygon and Pyse launch a model that tokenizes electric delivery motorcycles and monetizes their environmental and urban data on blockchain. The system rewards users with tokens based on the value of the data generated, which is later commercialized for logistics and insurance.

Positive
cover-imageBenzinga
April 23, 2025

Brandon Lutnick, Tether, SoftBank Back $3 Billion Bitcoin Venture

A new cryptocurrency investment push is underway, with Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, partnering with crypto powerhouses Tether (CRYPTO: USDT), Bitfinex and Japanese investment giant SoftBank to launch a multibillion-dollar Bitcoin (CRYPTO: BTC)-focused venture. What Happened: Quoting sources familiar with the initiative, the Financial Times reported on Tuesday that the group aims to create a massive Bitcoin acquisition vehicle modeled after the playbook of Strategy (NASDAQ:MSTR), the tech firm-turned-Bitcoin heavyweight.

Positive
cover-imageCrypto Economy
April 23, 2025

Cantor Fitzgerald Unveils $3B Crypto Powerhouse with Tether, SoftBank & Bitfinex

TL;DR Financing Powerhouse: Cantor Fitzgerald is spearheading a $3B crypto venture, backed by Tether ($1.5B), SoftBank Group ($900M), and Bitfinex ($600M), under the leadership of Brandon Lutnick. Public Listing Blueprint: The initiative, branded as 21 Capital, aims to become a publicly traded crypto acquisition company, converting partner investments into shares to invite broader investor participation.

Positive
cover-imageThe Cryptonomist
April 23, 2025

Polygon surpasses Ethereum: the new era of NFTs linked to real-world assets

In recent months, the world of NFTs has witnessed a significant evolution. If in the past the focus was mainly on digital art, today the focus is shifting towards tangible assets, and at the forefront of this transformation is Polygon, which has recently surpassed Ethereum in terms of weekly sales. According to the data from CryptoSlam updated as of April 22, NFTs on Polygon generated 22.1 million dollars in weekly sales, recording an increase of 17.64% compared to the previous week. In comparison, Ethereum stopped at 21.8 million, while Mythos Chain and Bitcoin totaled 14.3 million and 14.1 million respectively. This jump led Polygon to hold 24% of the global NFT transaction volume, out of a weekly total of 92.9 million dollars.

Positive
cover-imageCointelegraph
April 23, 2025

Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report

Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company.Lutnick and the consortium hope to create a publicly listed crypto acquisition company to capitalize on the market under crypto-friendly US President Donald Trump, and replicate Michael Saylor's company Strategy, the Financial Times reported on April 23, citing three people who have been briefed on the plan. Cantor Equity Partners raised $200 million in January for the new firm called 21 Capital.

Positive
cover-imageCryptonews
April 22, 2025

Polygon NFTs Overtake Ethereum with $22M Weekly Sales as Real World Asset Demand Surges

Polygon NFTs have generated $22.1 m in weekly volume, passing Ethereum and Bitcoin and attracting nearly 59 % more buyers. Courtyard's tokenized Pokémon and baseball cards illustrate how insured vault custody and burn‑to‑redeem options have strengthened confidence in hybrid real‑world‑asset models. The post Polygon NFTs Overtake Ethereum with $22M Weekly Sales as Real World Asset Demand Surges appeared first on Cryptonews.

Positive
cover-imageCoingape
April 22, 2025

Tether CEO Paolo Ardoino Hails ‘Unparalleled Growth Opportunity' As Plasma-Curve Partner

CEO Paolo Ardoino of the largest stablecoin (USDT) issuer company, Tether, has revealed the next “unparalleled growth opportunity” in web3. In a recent X post, he called the ongoing growth in the development of stablecoin related infrastructure as the unprecedented growth opportunity” with the current total market cap of stablecoin market surpassing $234 billion.

Positive
cover-imageBeInCrypto
April 21, 2025

HTX Launches Million USDT Airdrop Event to Reward New and Existing Users

HTX, a leading global cryptocurrency exchange, has announced the launch of its Million USDT Airdrop Event, designed to give back to loyal users and welcome new participants. Running from 09:00 (UTC) on April 18 to 09:00 (UTC) on April 25, the campaign features over 1 million USDT in prizes across HTX's Spot, Futures, Margin, and Earn services.

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