stablecoins | ForkLog

ForkLog 51 27.03.2025

Paolo Ardoino Predicts USDT Users to Reach One Billion

The number of USDT stablecoin users has surpassed 400 million globally, according to conservative estimates. This was revealed by Tether’s chief, Paolo Ardoino. Today Tether USDt has (conservatively) more than 400 million users across the world. Soon 1 billion. We always focused on the adoption from the ground up, working in the streets, among other […]

AI translated

ForkLog 33 27.03.2025

Wyoming Announces Launch of ‘First State-Issued Stablecoin’

Wyoming plans to issue its own fiat-backed stablecoin by July, according to Bloomberg. If the project comes to fruition, the ‘stablecoin’ will be the first issued by a government entity in the United States. The token will be backed by treasury bonds, cash, and asset repurchase agreements. State legislation mandates maintaining a backing level of […]

AI translated

ForkLog 55 26.03.2025

USDC Market Capitalisation Surpasses $60 Billion for the First Time

On March 26, the total market capitalisation of the stablecoin USDC exceeded $60 billion, reaching a new all-time high (ATH). Source: CoinGecko. At the time of writing, the asset’s supply stands at $60.2 billion, marking a 100% increase compared to March of the previous year, when it was at $30 billion. The overall market capitalisation […]

AI translated

ForkLog 38 26.03.2025

Fidelity’s Stablecoin Ambitions Revealed by FT

Fidelity Investments is preparing to launch its own stablecoin to strengthen its presence in the digital asset market, according to Financial Times, citing its sources. Insiders indicate that the “stable coin” is in the final stages of testing and will serve as a digital cash equivalent for crypto transactions. The project will be managed by […]

AI translated

ForkLog 57 25.03.2025

WallStreetBets Founder Endorses DiamondShell for Stablecoin Holders

Jamie Rogozinski, the founder of the WallStreetBets subreddit, has recommended the investment platform DiamondShell, which offers stablecoin holders an annual yield ranging from 14% to 29%. PROTIP: if you’re sitting on cash (ie stables) during this market lul, I just learned that @Diamondshellweb pays out 14-29% APY — prolly the most competitive I’ve seen (so […]

AI translated

ForkLog 50 24.03.2025

Max Keiser Predicts Gold-Backed Stablecoins Will Surpass Dollar-Pegged Alternatives

Gold-backed stablecoins are set to outperform their US dollar-pegged counterparts in global markets, according to Max Keiser, television host and founder of Heisenberg Capital. A stablecoin backed by Gold would out-compete a USD-backed stablecoin on world markets: Russia, China, Iran should take note. It would track inflation The USD does not. You’re guaranteed to lose […]

AI translated

ForkLog 31 23.03.2025

Sonic Labs to Launch Its Own Algorithmic Stablecoin

The creators of the Sonic blockchain are working on implementing their own algorithmic stablecoin, according to Sonic Labs co-founder Andre Cronje. POC looks good. Yielding > 200% APR @ 10m tvl, around 23.5% APR @ 100m, steady at around 4.9% at 1bn+. Will scale up and get team for a full release. https://t.co/JtMqzAkU7g pic.twitter.com/Z4j2aPzefB — […]

AI translated

ForkLog 34 22.03.2025

German Authorities Halt Sale of USDe Stablecoin

The German financial regulator BaFin has halted the sale of the USDe stablecoin issued by Ethena Labs, citing “serious deficiencies” and non-compliance with MiCA requirements. “BaFin has prohibited Ethena GmbH from further public offering of the USDe token and instructed the company to freeze the corresponding reserve assets with custodians,” the press release states. According […]

AI translated

ForkLog 22 20.03.2025

Donald Trump Urges Congress to Pass Stablecoin Legislation

U.S. President Donald Trump has called on Congress to pass legislation regulating stablecoins. He made this statement during his speech at the Digital Asset Summit 2025. According to him, “stablecoins will enhance the dominance of the dollar.” Trump also criticized banking discrimination against cryptocurrency companies, known in the industry as “Operation Chokepoint 2.0.” Earlier, journalists […]

AI translated

ForkLog 160 19.03.2025

Annual Stablecoin Transactions Reach $35 Trillion

As of February, the cumulative market supply of stablecoins has surged by 63% over the past year, while the monthly transaction volume has increased by 115%. The total figure for the period reached $35 trillion, according to a report by Artemis and Dune. 1/ Stablecoins are reshaping finance ? Explore all insights, market trends, asset […]

AI translated

ForkLog 30 14.03.2025

US Senate Banking Committee Backs Stablecoin Regulation Bill

The US Senate Banking Committee has approved a bill introduced by Senator Bill Hagerty to regulate stablecoins at the federal level. During the hearings, 18 votes were cast in favor and six against. The document will next be considered by the full upper chamber of Congress. During the committee meeting, some provisions of the bill […]

AI translated

ForkLog 59 13.03.2025

Stablecoin Market Capitalisation Surpasses Ethereum

The market capitalisation of the “stablecoin” segment has reached $236 billion, surpassing that of Ethereum ($230 billion at the time of writing).

AI translated

#stablecoins