About Contact

Stablecoins Face Market Pressure as World Liberty Loses $400M Amid Stalled Supply and Rising Interest Rates

Stablecoins Face Market Pressure as World Liberty Loses $400M Amid Stalled Supply and Rising Interest Rates

World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks
World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks

World Liberty Financial’s USD1 stablecoin saw its market cap decrease more than $400 million over two weeks of large redemptions on Ethereum and BNB Chain.

World Liberty USD1 Stablecoin Loses $400M Market Cap in 2 Weeks
World Liberty USD1 Stablecoin Loses $400M Market Cap in 2 Weeks

World Liberty Financial’s USD1 stablecoin has seen a sharp reduction in circulating supply over the past two weeks, with market capitalization falling by roughly $401 million. The pullback is...

BIS economists find a 1bp deposit rate rise drops stablecoin growth to 12%
BIS economists find a 1bp deposit rate rise drops stablecoin growth to 12%

A 1-basis-point rise in US bank deposit rates cuts 10-week stablecoin growth from about 15% to 12%, a BIS working paper finds. USDC reacts most.

Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash
Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash

Analytics firm Allium said stablecoin payments hit $482 billion this year so far, up 45%, as card spending surges and global payment firms add crypto rails.

Coverage dates

First reported:

First saved on ClustZ:

Coverage updated:

We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.