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Friday, May 23, 2025

Tag: Stablecoin

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Stablecoin Market: Tether mints $1 Billion USDT amid Growing Demand

By Denis MwirigiApril 28, 2025April 28, 2025

Tether Treasury has minted $1,000,000,000 USDT amid a growing demand in the Stablcoin Market. Here are key insights on the stablecoin Market.   April 28th- Arkham, the blockchain intelligence platform, has revealed a recent $1 billion USDT mint at the Tether Treasury. This mint hints at a rising demand for […]

Stablecoins Surpass Visa in Payment as Ethereum Handles 95% Transcations

By Denis MwirigiApril 17, 2025

For the first time, stablecoins have outpaced Visa in annual payment volume, with the Ethereum network handling 95% of all transactions.   A development in the global payment infrastructure has hinted at a potential shift from traditional payment systems toward crypto-based payment solutions. An annual report tracking the past 6 […]

Russia’s Finance Ministry Proposes Ruble-Pegged Stablecoin

By Denis MwirigiApril 16, 2025April 16, 2025

Russia’s Finance Ministry calls for a ruble-based stablecoin to reduce reliance on U.S dollar-backed stablecoins.   Russia, a member of the BRICS economic alliance, has been vocal on the concept of de-dollarization as a way of minimizing U.S dominance on the global economy. In addition to U.S. sanctions over the […]

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