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news-imageDecember 31, 2024

2024 Fiat-Pegged Economy Swells—Stablecoins Reach $200B, Tether's Market Soars 50%, New Players Emerge

With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $200 billion in total valuation, reflecting a $73 billion increase in this subset of fiat-pegged cryptocurrencies.
Publisher: Bitcoin
Sentiment: Positive
USDT

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cover-imageCryptonews
January 3, 2025

XRP Surpasses USDT Securing Third Place with a $141B Market Cap

XRP's market cap has surged to $141 billion, once again overtaking USDT and regaining the third spot in cryptocurrency rankings. This growth is driven by increased whale activity, Ripple's release of 500 million XRP from escrow, and substantial trading volumes on South Korea's Upbit exchange, indicating rising investor interest. The post XRP Surpasses USDT Securing Third Place with a $141B Market Cap appeared first on Cryptonews.

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cover-imageCrypto Economy
January 2, 2025

Tether Market Cap Slips Amid MiCA Compliance Concerns

TL;DR Tether (USDT) has suffered a drop of more than 1% in its market capitalization due to the implementation of MiCA regulation in the European Union. Several European exchanges have removed USDT from their offerings. However, the impact is mitigated by Tether's strong presence in markets outside the EU.

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cover-imageThe Currency Analytics
January 1, 2025

Tether USDT Delisting: What Investors Need to Know

One of the largest cryptocurrency exchanges, made the headline-grabbing decision to delist Tether's USDT. This move followed the implementation of the European Union's MiCA (Markets in Crypto Assets Regulation), which went into effect on December 30, 2024.

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