Stablecoins have become a crucial element in the DeFi ecosystem, offering much-needed stability and liquidity. Recent data from @intotheblock underscores their growing influence. Leading stablecoins such as USDT, USDC, and DAI are witnessing substantial market cap growth, with USDT exceeding the $100 billion mark. This surge highlights their widespread adoption […]
Tag: USD
Tether To Halt USDT Support On EOS and Algorand, Shifting Focus To Community-Driven Blockchain Support
Tether has announced a strategic transition to prioritize community-driven blockchain support, revealing plans to discontinue USDT support on EOS and Algorand. This transition will be completed within the next 12 months, marking a significant shift in Tether’s strategy. Tether announced a strategic transition to prioritize community-driven blockchain support. Tether will […]