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 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...
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.
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.
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