A US Treasury report predicts stablecoins could reach a $2 trillion market capitalization by 2028, driven by increasing adoption and integration with traditional financial systems. Explore the factors driving this growth and the implications for the future of finance.
Tag: Tether
$649B in Stablecoin Transfers Linked to Illicit Activity in 2024: A Detailed Report
A Bitrace report reveals that $649 billion in stablecoins, representing 5.14% of all stablecoin transactions, flowed through high-risk addresses associated with illicit activities in 2024. The report highlights trends in stablecoin usage for illicit purposes, focusing on the dominance of Tron-based USDT and the rise of crypto gambling.
Gold-Backed Cryptocurrencies Surge Amid Global Economic Uncertainty: A Deep Dive
Explore the recent surge in gold-backed cryptocurrencies like Tether Gold (XAUT) and Paxos Gold (PAXG) amid global economic uncertainty and the growing trend of real-world asset tokenization. Understand the factors driving their popularity and the advantages they offer over traditional gold investments.