Inflows into crypto exchange-traded funds are a key driver of price performance, the asset manager said.
Stablecoin news
Montenegro’s Constitutional Court rejected Do Kwon’s appeal, backing his extradition amid claims by the US and South Korea.
The event has brought together Web3 creators and industry leaders to discuss an innovative consensus mechanism for the blockchain space.
Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.
The current stablecoin market cap is approximately $204 billion, but the sector remains highly centralized.
The new service is available “starting with” US companies paying contractors in 69 countries.
Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR.
Web3 professionals pointed toward talent and capital, Shariah-compliant crypto services and dirham-pegged stablecoins when asked about crypto trends in the Middle East.
Bybit will cease withdrawal and custody services for French users by Jan. 8, 2025, amid increased regulatory pressures.
Stablecoins will see a bright future in 2025, with massive growth and mass adoption supercharging the asset class.