Tag: Stablecoin

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

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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 as the crypto market anticipates growth fueled by renewed investor confidence.

Additionally, minting such an amount in a single day could mean heightened institutional demand for liquidity in the market.

 

Source: Arkham

 

Recent data by DefiLlama shows a substantial growth in the stablecoin market. With new players like USDS and RLUSD, the market has hit $240 billion, with $4.58billion surge in the past one week.

A rising liquidity inflow signals increased trading activity and market health. With clear regulatory policies, digital assets continue attracting traditional finance, boosting crypto adoption. As adoption grows, the market is likely to mature and have fewer volatility storms.

 

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partyushgoyal

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Stablecoins Surpass Visa in Payment as Ethereum Handles 95% Transcations

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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 years of Visa and stablecoin payments has revealed exponential growth in stablecoin usage in the past 12 months.

According to data shared by Ethprofit on X(formerly Twitter), trust in stablecoins like USDT and USDC has heightened. The growth in stablecoin usage was more than 50% in 2024, with the Ethereum network backing 95% of the transactions executed.

Source: X

As of 2025, the crypto market is witnessing a huge fusion with traditional finance systems as Bitcoin and Ethereum lead the adoption process. This comes as a challenge to the old financial market giants. The question is, will they adopt crypto as the next phase in payments and value transfer soon enough?

 

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partyushgoyal

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Russia’s Finance Ministry Proposes Ruble-Pegged Stablecoin

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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 Russia-Ukraine War, the country also saw its wallets holding over $30 million in USDT frozen.

As a result, Osman Kabaloev, a senior officer in the Ministry of Finance, has proposed a ruble-pegged stablecoin in a move to strengthen Russia’s financial independence. However, the Bank of Russia opposes the idea of private stablecoins while promoting its digital ruble.

 

What does this mean for Russia?

The recent development in Russia’s Ministry of Finance is a step toward wider crypto adoption in its regulated crypto space. The growing split between central regulators and advocates of innovation could open more opportunities for crypto enthusiasts in Russia.

Similarly, this comes a challenge to Russia’s crypto strategy as the country minimizes exposure to western financial control.

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