Bitcoin Reserve Bill Advances in Montana
Montana House Bill 429, allowing Bitcoin ($BTC) as a state reserve asset, advances to the House floor for a vote. #Update #Crypto $BTC (+3) ↗
stablecoins
Stablecoins: Reversing De-Dollarization Trend
Stablecoins, valued at $227B, could boost US dollar adoption and counter de-dollarization trends, says Atlantic Council. Most stablecoins are USD-pegged. #Update #Crypto $USDC (+4) ↗
Stablecoin Laws Shaped by Tether CEO
DailyHodl: @Tether_to CEO Paolo Ardoino collaborates with US authorities to shape stablecoin regulations amid new legislative proposals. #Update #Legal $USDT (+4) ↗
Stablecoins Surge Past 30 Trillion Volume
DailyHodl: @Coinbase CEO Brian Armstrong highlights a 200% increase in stablecoin payments volume, emphasizing $USDC’s growth and integration across products. #Update #Crypto $USDC (+5) ↗
Tether Acquires Stake in Juventus
DailyHodl: @Tether_to acquires a minority stake in Juventus Football Club, aiming to integrate digital assets with sports industries for global innovation. #Update #Crypto (+4) ↗
Stablecoin Firm Plasma Secures $20M Funding
DailyHodl: @PlasmaFDN, backed by Peter Thiel, raised $24M in a round led by Bitfinex and Tether to enhance stablecoin blockchain solutions. #Breaking #Crypto $USDT (+9) ↗
Bitcoin: Tether Denies JPMorgan’s Sale Claim
@Tether_to refutes @JPMorgan’s claim it must sell $BTC to comply with US stablecoin regulations, citing strong financials and adaptability #Update #Legal $BTC (-3) ↘ (Cryptoslate)
Tron Surges as USDT Balance Peaks
NewsBTC: @Tronfoundation’s network activity surges with USDT transactions nearing all-time highs after two $1B mints, driven by stablecoin and memecoin growth #Update #Crypto $TRX (+6) ↗
Stablecoins Surge Could Boost Bitcoin
NewsBTC: Data shows $USDT and $USDC market caps are rising, potentially bullish for $BTC as stablecoin inflows suggest fresh capital entering the crypto market. #Update #Crypto $BTC (+3) ↗
Stablecoins Surpass Visa Mastercard 2024
CryptoSlate: Stablecoin transfers hit $27.6 trillion in 2024, surpassing Visa and Mastercard’s combined volume by 7.68%, with @CEX_IO reporting significant bot-driven trading on networks like Solana. #Update #Crypto $USDC (+7) ↗
Stablecoin Surge Fuels Cryptocurrency Rally
TheBlock: Stablecoin transfer volume in 2024 surpassed Visa and Mastercard by 7%, driven by $USDT and $USDC growth, potentially sparking the next crypto rally. #Update #Crypto $USDT (+6) ↗
Solana Soars: $1.6T Transferred January
According to @Defillama, the stablecoin economy hit $215 billion on Jan. 24, 2025, with $11 billion issued on the Solana blockchain and $1.6 trillion transferred this month, highlighting Solana’s significant role in market growth. #Update #Crypto $SOL (+6) ↗
Stablecoins Surge 65% Fueling Bull Rally
The market cap of stablecoins has surged by 65%, potentially fueling the ongoing bull rally in the cryptocurrency sector, as noted by Semilore Faleti at @NewsBTC. #Update #Crypto $USDT (+3) ↗
Tron Expands Influence with Zero-Fee Stablecoin
@justinsuntron’s @Tronfoundation plans to eliminate stablecoin transaction fees, aiming to boost adoption by absorbing costs within the assets themselves. This initiative will initially launch on Tron and expand to Ethereum and EVM-compatible chains. #Update #Crypto $TRX (+4) ↗