Circle has increased its IPO target to $896 million, indicating strong investor confidence in the company and the stablecoin market amidst evolving US crypto regulations.
Tag: USD Coin
Understanding the 10-Year Treasury Yield & Its Impact on Crypto & Stablecoins
Explore the influence of the 10-year Treasury yield on crypto yields, stablecoins, and the broader financial markets. Learn how it affects investment decisions and the crypto ecosystem.
Solana (SOL) Price Poised for $220 Rally: Bull Flag, Stablecoin Growth & Rising TVL Explained
Solana (SOL) exhibits strong bullish signals with a rising stablecoin market cap, increased network activity, and a bull flag pattern, potentially targeting a price of $220. This article analyzes key factors driving SOL’s potential rally.
$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.