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news-imageAugust 30, 2023

USDC dominance dropping on Ethereum since the beginning of the year: stablecoin suffers advance of Tether (USDT)

Since the beginning of the year, Circle and its USDC stablecoin have seen a decrease in dominance on the Ethereum blockchain reflecting a downsizing for the cryptocurrency pegged to the value of the dollar.
Publisher: The Cryptonomist
Sentiment: Neutral
USDC
USDT

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Positive
cover-imageCrypto Economy
November 28, 2024

Robinhood Enables USDC Trading and Transfers for Greater Flexibility

TL;DR Robinhood expands its crypto services by integrating USDC and offering Ethereum staking with promotional rewards. Users can deposit, exchange, and withdraw USDC directly from the platform, facilitating secure and versatile transactions. Ethereum staking includes a limited-time promotion that doubles rewards while maintaining the option to withdraw funds at any time.

Positive
cover-imageAltcoin Buzz
November 28, 2024

Robinhood Adds USDC for Easy Crypto Trading

Robinhood users can now send USDC to their accounts, trade it for other cryptocurrencies, or even withdraw it to another wallet. This new feature gives people more flexibility to move their money around quickly and securely.

Neutral
cover-imageCryptoGlobe
November 28, 2024

Tether Explains Why It Decided to Discontinue Stablecoin EURT

Tether, the issuer behind the world's largest stablecoin, USDT, has announced its decision to discontinue support for its euro-backed stablecoin, EURT. The move reflects both shifting market dynamics and evolving regulatory conditions in the European Union. Tether emphasized that community interest remains central to its decision-making process.

Negative
cover-imageCryptopolitan
November 28, 2024

Tether ends support for Euro-pegged stablecoin EURT

Tether announced that it would discontinue support for the Euro-pegged stablecoin EURT and will not be minting any more tokens. The blockchain-enabled platform disclosed that the decision was reached due to changes in the stablecoin regulatory framework in the European market.

Negative
cover-imageThe Cryptonomist
November 27, 2024

Tether abandons the stablecoin pegged to the euro

Tether, the issuer of the largest stablecoin in the world, USD₮, has announced an important decision: to discontinue support for EUR₮, the stablecoin pegged to the euro. This marks a crucial moment in the cryptocurrency sector and raises questions about the future of stablecoins linked to fiat currencies other than the dollar.

Negative
cover-imageCoingape
November 27, 2024

Tether Discontinues EURT Stablecoin, Here's Why

Tether, the biggest stablecoin provider, has declared that it will no longer provide support for its euro-backed stablecoin, EURT. The company, however, noted that it had stopped minting EURT in 2022 and that holders of the token should redeem it by November 27, 2025.

Positive
cover-imageThe Daily Hodl
November 27, 2024

CryptoQuant CEO Says Ethereum Rival Has Achieved Strong Market-Product Fit Hosting $60,000,000,000 in USDT

An Ethereum (ETH) competitor has captured a massive share of USDT stablecoin transactions, according to the chief executive of the analytics firm CryptoQuant. Ki Young Ju says on the social media platform X that the value of the USDT hosted on Tron (TRX) is now more than three times the layer-1 blockchain's market cap.

Negative
cover-imageCryptonews
November 26, 2024

Tether's $5B Mint in 5 Days and Political Links Spark Industry Concerns

Tether has minted $5 billion in just five days, raising industry concerns about its influence on cryptocurrency markets and political ties, particularly with Cantor Fitzgerald's significant investment and connections to the incoming Trump administration. The post Tether's $5B Mint in 5 Days and Political Links Spark Industry Concerns appeared first on Cryptonews.

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