The three largest stablecoins represent a combined capitalization of $60 billion.
USDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins.
Buying in these stablecoins may foretell where the crypto market is going.
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever.
The U.S. government is sending USDC payments to Venezuela using Circle and Airtm to bypass Nicolas Maduro, the nation’s dictator.
Stellar joins the ranks of Ethereum and Algorand.
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.
CEO Steve Ehrlich says this quarter’s revenue is on track to double what the company produced in all of its last fiscal year.
Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.
Despite stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizon.