On the financial front, Circle generated $658 million in reserve income, down 8% from the previous year. This decline was primarily attributed …
Dominance
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PEPE price has surged 15%, bringing the meme coin into limelight. After recovering from months of consolidation, bulls are now challenging the …
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Markets
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
by shayaanby shayaanBitcoin dominance is closing in on 60% while USDT’s has slipped to 6.3%, pointing to a market growing more comfortable with risk. …
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Finance
Trump administration weighs a global stablecoin plan to cement dollar’s dominance
by shayaanby shayaanInvestor confidence in stablecoins is tied to the issuer’s ability to redeem them for fiat currency at any time. To ensure that, …
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In brief The Trump administration is reportedly weighing joint ventures with private firms to push dollar-pegged stablecoins into foreign markets, Bloomberg reported …
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Markets
Trump administration weighs a global stablecoin plan to cement dollar's dominance
by shayaanby shayaanWashington is a mulling plan to actively promote USD-backed stablecoins worldwide in a bid to cement the greenback’s global reserve status. www.coindesk.com
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Finance
Treasury Secretary Scott Bessent champions dollar dominance across global markets and stablecoins
by shayaanby shayaanTreasury Secretary Scott Bessent leant on stablecoin adoption and dollar-denominated trade metrics to defend the strength of the U.S. economy, seeking to …
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Tether Gold deposits into decentralized finance (DeFi) have surpassed $100 million, reaching a notable $102.9 million across ten venues. This surge is …
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A new report from the Federal Reserve Bank of Kansas City argues that dollar-pegged stablecoins are more likely to strengthen the U.S. …
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AMRO Economists Argue American AI Dominance Might Cement Stablecoin Popularity Two economists from the ASEAN+3 Macroeconomic Research Office (AMRO) suggest that the …