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On January 24th, the exchange rate of the RMB against the US dollar rose sharply, recovering the 7.24 yuan mark during the session. "The sharp rise of the RMB exchange rate is mainly affected by the news." Pang Ming, a special senior researcher at the National Financial and Development Laboratory, said that the market generally hopes that the uncertainty of the external environment will be reduced, which makes the RMB exchange rate supported in sentiment and fundamentals. The key to stabilizing ...
On January 23rd, the decentralized stablecoin protocol Frax Finance community launched a new proposal to authorize an initial investment of $5 million in the Trump family crypto project World Liberty Financial (WLFI), positioning FRAX as part of the WLFI ecosystem, plus subsequent investments of up to $10 million.
On January 22, according to DeFiLlama data, the market value of stablecoins on the Solana chain has surged by 69.36% in the past 7 days, breaking through 10 billion US dollars and reaching 10.183 billion US dollars, of which USDC accounts for more than 80%.
On January 22, according to DefiLlama data, the market value of Solana stablecoin on the chain exceeded 10 billion US dollars, reaching 10.183 billion US dollars, a record high, and an increase of 69.36% in the past 7 days.
On January 22, according to DefiLlama data, the market value of Solana stablecoin on the chain exceeded 10 billion US dollars, reaching 10.183 billion US dollars, a record high, and an increase of 69.36% in the past 7 days.
According to SolanaFloor, the market value of Solana ecological stablecoin broke through the $10 billion mark for the first time, rising 69% in the past 7 days.
Circle CEO Jeremy Allaire said stablecoin regulation is a top priority and expects to see an executive order on cryptocurrencies soon. He also said that Mark Uyeda's selection as acting SEC chair is a very good choice.
Chris Burniske, a partner at Placeholder, said in a post on X that individual and institutional investors are re-entering the cryptocurrency space, as evidenced by the adoption of stablecoins, the realization of bitcoin value, and the capital formation of meme coins, but it is still in its early stages. He pointed out that while many industry veterans are exhausted by the social dynamics of social media, it is still recommended to stay committed to your ideals and help those who are passionate a...
On January 21, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations Ling Zhi presided over a roundtable meeting of European enterprises to listen to suggestions on the issues of European enterprises in China. Representatives from the Ministry of Finance, the State Food and Drug Administration and other departments attended the meeting. Ling Zhi said that China-EU economic and trade cooperation has a solid foundation, with deep integration of production and sup...
On January 21, according to Lookonchain monitoring, in the past 7 days, Solana stablecoin (USDT & USDC) has increased by $3.13 billion, and Ethereum stablecoin (USDT & USDC) has increased by $652 million.
According to DefiLlama data, the current total market value of stablecoins on the whole network has exceeded 210 billion US dollars, and it is now reported to be 210.10 billion US dollars, continuing to hit a record high, increasing by 1.81% in the past week. Among them, the market value of USDC has increased by 5.43% in the past week, and it is now reported at 48.217 billion US dollars.
Etherscan data shows that the supply of stablecoin USDe issued by Ethena Labs broke through the 5.80 billion mark, currently around 5,809,408,652, with 18,202 holders and 784,108 transfers.
On January 18, according to on-chain data, 33 minutes ago, dollar stablecoin issuer Circle issued 250 million additional USDC on the Solana chain.
Bitcoin stablecoin issuer Avalon Labs has added support for uniBTC assets. Users can use it as collateral to borrow other assets or recycle uniBTC for leveraged re-pledge.
A recent survey conducted by Chainplay and Storible revealed that 52% of Americans have sold traditional assets such as stocks or gold to invest in bitcoin, one in five U.S. residents now allocate more than 30% of their investment funds to cryptocurrencies, and 68% of Americans own cryptocurrencies. The survey shows that the adoption of cryptocurrencies will surge after November 5, 2024. 64% of Americans who own cryptocurrencies have recommended cryptocurrencies to family members, and 60% expect...
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