The use of Tether (USDT) has been associated with institutional investors, but it is gaining traction in Russia. That is, at least, what we may deduce from recent accounts. The stablecoin, which is now ranked seventh in terms of market capitalization, has found a new use case with Indian importers. Indian dealers in Russia…
April 13 Daily report: USDT, USDC, BUSD represent 93% of the stable coin market cap, Enterprise blockchain solutions rally, Bitcoin bulls are confident, Ethereum all-time high and Major Thai bank experimenting with decentralized finance
USDT USDC BUSD represent 93% of the stable coin market cap The three largest stable coins USDT USDC BUSD represent a combined capitalization of $60 billion. Research from on-chain analytics provider Glassnode has revealed that the top three stable coins represent more than 90% of the sector’s entire market cap. Enterprise blockchain solutions rally as…
Analyst: Sidelined Capital Enough To Push Bitcoin To $1 Trillion Market Cap
Bitcoin price is currently trading at just above $10,900, but it may not be doing so for much longer. As the…
Bitcoin’s Black Swan: What Happens If The CFTC Targets Tether Next?
The unthinkable just happened: Bitcoin derivatives trading platform BitMEX is being targeted by the CFTC for a variety of charges, and…