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Circle Launches Euro-Backed Stablecoin on Base Network
Jul 11, 2024
Circle has introduced its euro-backed stablecoin, EURC, on the Base network. This move expands EURC's native availability beyond Avalanche, Ethereum, Solana, and Stellar. It's a first for Base. EURC is now accessible on an Ethereum layer-2 network in native form. Previously, layer-2s only used deriv
USDT on Tron Network Sensationally Overtakes Visa in Daily Transaction Volume
Jul 09, 2024
Tether's USDT on Tron has surpassed Visa's average daily trading volume. In a single day, USDT on Tron reached $53 billion in transactions. And that is remarkable. Visa, a traditional financial giant, averages $42 billion per day. USDT on Tron, however, hit $53 billion in just 24 hours. Visa is use
Tron Developing Unique Gas-Free Stablecoin for Multiple Chains
Jul 08, 2024
Tron founder Justin Sun has announced a new stablecoin project. It is supposed to be a unique solution, aiming to eliminate gas fees for peer-to-peer transfers. The stablecoin will cover fees by itself. That sound a bit fantastic, yet there is a pretty plausible explanation. Sun revealed the plans i
Opera Mini Adds USDT and USDC Support to Its Crypto Wallet
Jul 05, 2024
Opera's mobile browser, Opera Mini, is upgrading its cryptocurrency wallet MiniPay to include two of the world's most popular stablecoins - Tether's USDT and Circle's USDC. Users can switch between USD Coin and cUSD with minimal fees. The process uses a simple drag-and-drop motion. Jørgen Arnesen, O
Ethereum Whale Moves $206m from Bitfinex to Perform a Mysterious Chain of Trades
Jul 03, 2024
A significant Ethereum (ETH) transaction caught the attention of crypto analysts over the weekend. On-chain data revealed a single entity withdrew over $206 million worth of ETH from Bitfinex. What is this whale up to? Lookonchain suggests the whale is likely Abraxas Capital Management. it is a famo
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