stablecoins | ForkLog

ForkLog 51 01.05.2025

US Treasury Predicts Stablecoin Market to Reach $2 Trillion

The market capitalization of stablecoins is projected to reach $2 trillion by 2028, according to a report from the US Department of the Treasury for the first quarter of 2025. The current combined market value of stablecoins is approximately $230 billion, but the growth rate may accelerate, the document states. The department noted that stablecoins […]

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ForkLog 38 30.04.2025

SEC Drops Investigation into PayPal’s Stablecoin

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the PYUSD stablecoin from payment giant PayPal. The regulator informed the company of the closure of the inquiry without any claims or penalties. PayPal received a request from the SEC for documents regarding the “stablecoin” in November 2023. At that time, company representatives […]

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ForkLog 11 29.04.2025

Crypto Criminals’ Transfers to Risky Addresses Reach $649 Billion

In 2024, transfers to high-risk addresses surged to $649 billion, accounting for 5.14% of all stablecoin transactions, according to a report by analysts at Bitrace. Influx of stablecoins to high-risk addresses. Data: Bitrace. The largest share of transactions involves Tether’s stablecoin on the TRON network, although the share of USDT and USDC on Ethereum has […]

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ForkLog 73 29.04.2025

Mastercard Embraces Stablecoin Payments

Payment giant Mastercard has announced a partnership with Circle, Paxos, and Nuvei. This collaboration enables 150 million merchants in its network to accept stablecoins, regardless of the customer’s payment method. Today, we announced our end-to-end capabilities to support stablecoins, ensuring payments can be made or received using them — anytime, anywhere. Alongside proven leaders across […]

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ForkLog 34 29.04.2025

Tether Confirms 7.7 Tonnes of Gold Backing for XAUT

The issuer conducted the first official attestation of the “gold” stablecoin XAUT. USDT continues to lead the stablecoin market with a share exceeding 66%. Participation of institutional investors and political elites reflects a global trend towards legitimising digital assets. Tether reported that the gold backing for the stablecoin XAUT amounted to 7.7 tonnes at the […]

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ForkLog 129 28.04.2025

Ledger Introduces Yield Generation for Stablecoins in Cold Wallets

Hardware wallet manufacturer Ledger has introduced a yield generation option for stablecoins stored on its devices, according to The Block. The feature is implemented in the Ledger Live application in partnership with the DeFi platform Kiln. The option supports stablecoins USDC, USDT, USDS, and DAI. Protocols Aave, Compound, Morpho, Sky, and Spark offer yields ranging […]

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ForkLog 38 25.04.2025

Citigroup Predicts Stablecoin Market Cap to Reach $3.7 Trillion in Five Years

The year 2025 could mark a breakthrough in institutional adoption of blockchain technology, with stablecoins acting as a key driver. This forecast was presented in a report by Citigroup. “The total outstanding supply of stablecoins will grow to $1.6 trillion by 2030 in the base scenario and to $3.7 trillion in a bullish scenario,” wrote […]

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ForkLog 304 24.04.2025

Tether Freezes $28.7 Million USDT Across 13 Addresses

Tether has frozen approximately $28.67 million in USDT across 12 addresses on the TRON network and an additional ~$99,630 on one Ethereum wallet, according to MistTrack. ?MistTrack Alert:@Tether has frozen ~$28.67M $USDT across 12 addresses on TRON, and ~$99.63K $USDT on one Ethereum address:#TRONTUPyHqY2jbcF5Q2rCmTQWBtVo84oMpLm2fTESCDkZbKWuJtuFPRSjczChuV14XHMMbMATXLuEUEV1bNoQ1k59i9uun3XUmRjTZNXwhTS2T38JTaA8qHwnANH5H1ASUQ1RvwKzZxy… pic.twitter.com/LLPO0xcOvi — MistTrack?️ (@MistTrack_io) April 24, 2025 Experts noted that the […]

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ForkLog 20 23.04.2025

PayPal to Introduce Rewards for PYUSD Holders

Payment service PayPal is set to launch a rewards program for holders of the PYUSD stablecoin in the United States to boost its popularity. This was announced in the company’s blog. American users will be offered an annual rate of 3.7% on PYUSD deposits in PayPal or Venmo. Interest in stablecoins is planned to be […]

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ForkLog 84 23.04.2025

Grinex Launches P2P Trading for Ruble-Pegged Stablecoin A7A5

The cryptocurrency exchange Grinex has initiated P2P trading for A7A5, a stablecoin pegged to the ruble at a 1:1 ratio, according to a press release. Holders of A7A5 receive a portion of the interest from deposits backing the token. At the time of publication, A7A5 is traded against the ruble on the P2P platform. Grinex […]

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ForkLog 88 22.04.2025

ING Bank’s MiCA-Compliant Stablecoin Initiative Unveiled

Dutch banking giant ING is developing a “stablecoin” in alignment with European MiCA regulations, according to CoinDesk, citing its own sources. The initiative may take the form of a consortium involving other financial institutions and cryptocurrency service providers, the publication’s sources revealed. “ING is working on a stablecoin project with several other banks. Progress is […]

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ForkLog 7 22.04.2025

ECB Warns of ‘Financial Contagion’ Risk from US Crypto Policies, Reports Politico

ECB fears that US President Donald Trump’s support for the crypto industry could trigger ‘financial contagion’ and harm Europe’s economy. This is reported by Politico citing an internal document from the regulator. The bank is concerned about the potential strengthening of dollar-backed stablecoins. According to the ECB, the existing MiCA regulations in the EU may […]

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