On February 3rd, according to the on-chain transaction information, the domain name "pyusd.sol" associated with the PayPal stablecoin PYUSD has been sold for 9500 USDC.
The stablecoin market has skyrocketed to more than $200 billion, growing by nearly $40 billion since President Trump's victory, foreshadowing a possible rise in cryptocurrency prices in Quarter 1 2025.
On February 1st, Wu Qing said that we should adhere to the word stability and make every effort to form and consolidate the momentum of market stability. Resolutely implement the important requirements of the Central Economic Work Conference on stabilizing the stock market, strengthen the monitoring and supervision of domestic and foreign, domestic and foreign markets, and futures spot linkage, strengthen the monitoring and analysis of capital flows and investor behavior, and enhance the forward...
Stablecoin cross-border payment service provider Cedar Money announced the completion of a $9.90 million seed round of financing, led by QED Investors, and participated by North Island Ventures, Wischoff Ventures, Lattice and Stellar. The valuation information has not been disclosed yet. Cedar Money enables seamless cross-border fund flow through stablecoins, supporting the combination of back-end blockchain technology and user-friendly fiat currency interface to provide enterprises with seamles...
According to Lookonchain monitoring, in the past 7 days, 2.06 billion stablecoins (USDT & USDC) were issued on the Ethereum mainnet, and 2.04 billion stablecoins (USDT & USDC) were issued on the Solana chain.
AllUnity, a regulated stablecoin provider, is launching a euro-pegged e-currency token. The asset will be settled on the 21X RWA platform, simplifying market entry for European institutional entities.
DefiLlama data shows that the total market value of stablecoins exceeded 215 billion dollars, currently at 2155.29 billion dollars, a new high; an increase of 2.59% in the past week, USDT market share fell to 64.82%. It is worth mentioning that the market value of USDC reached $52.079 billion, an increase of nearly 20% in the past month.
On January 27th, Bitcoin stablecoin protocol AvalonLabs announced that it has officially launched sUSDa on the Pendle platform. Users can get 28.71% fixed APY until maturity when they hold PT-sUSDa, and they can get up to 31.56% APY when they hold LP. As a leading financial infrastructure platform in the BTCFi field, AvalonLabs' current total lock value (TVL) has exceeded $2 billion. In 2024, AvalonLabs successfully completed a $10 million Series A financing led by Framework Ventures, further so...
On January 26, according to DefiLlama data, the total market value of the current network stablecoin exceeded 215 billion US dollars, and it is now reported to be 2156.61 billion US dollars, a new record high, and an increase of 2.97% in the past week. Among them, the market value of USDC increased by 9.67% in the past week, and it is now reported to be 52.119 billion US dollars.
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.