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.
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 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...