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Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users

Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users

In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes do not originate from genuine users, acc...
May, 06, 2024
2 min read
by NewsBTC
Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1

Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1

Stablecoin issuer Tether, a prominent player in the cryptocurrency market behind the widely used USDT stablecoin, has released its audit statement ...
May, 01, 2024
2 min read
by NewsBTC
DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report

DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report

In a recent report published by QuickNode, the first quarter of 2024 showed the dominance of decentralized finance (DeFi) and the notable growth of...
Apr, 18, 2024
2 min read
by NewsBTC
Ethereum LSTs, LRTs, And Stablecoins: Decoding The Effects Of ‘Magic Money’ On Bitcoin And Crypto

Ethereum LSTs, LRTs, And Stablecoins: Decoding The Effects Of ‘Magic Money’ On Bitcoin And Crypto

A crypto analyst has provided insights into how the structure of the Ethereum ecosystem could bring Bitcoin and the broader crypto market down. His...
Feb, 20, 2024
3 min read
by Bitcoinist
Solana Unveils Token Extensions As SOL Bounces Back, Surging 5%

Solana Unveils Token Extensions As SOL Bounces Back, Surging 5%

The Solana Foundation, a non-profit organization dedicated to decentralization, adoption, and security on the Solana network, has launched token ex...
Jan, 25, 2024
2 min read
by NewsBTC