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Plasma, a cryptocurrency startup focused on developing a Bitcoin-based blockchain tailored for stablecoins, has successfully raised $20 million in funding to advance its developmental stages. This financial boost, announced by the company on Thursday, is led by Framework Ventures and will facilitate

Growing stablecoin liquidity could signal an impending Bitcoin rally, as suggested by recent data. A report from CryptoQuant outlines the resurgence in liquidity for Tether (USDT) and USD Coin (USDC), with the latter experiencing growth not seen in a year. Since the U.S. presidential election, the c

The stablecoin market has achieved a new milestone, surpassing the $200 billion mark in market capitalization. This record high signals potential expansion in the broader cryptocurrency market, according to data from CryptoQuant. Stablecoins are digital currencies designed to maintain a stable valua

The Solana blockchain has experienced significant growth in its ecosystem, driven largely by a substantial rise in the market value of its stablecoins. According to data from DefiLlama, a decentralized finance analytics platform, Solana's stablecoin market cap has now reached $10.7 billion. Historic

Coinbase CEO Brian Armstrong prognosticates that imminent US stablecoin regulations could mandate issuers to back their dollar-pegged tokens entirely with US Treasury bills. Such a requirement may complicate operations for offshore entities aiming to serve the US market. In a discourse with The Wall