1. The total market capitalization of stablecoins has reached $252.9 billion, with a weekly increase of $11.7 billion. USDT and USDC lead with market shares of 62.57% and 24.26%, respectively. Ethereum, Tron, and BSC are the top three networks in terms of stablecoin market capitalization. 2. Traditional financial institutions such as Mastercard and Fiserv have started embracing stablecoins to address the structural trend of stablecoin annual transaction volume surpassing that of Visa and Mastercard combin

BlockBeats·2025/06/29 04:04

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Ryan Cohen, the man who led GameStop's revival, has bet on Bitcoin

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Flash

01:07
Data: Non-profit development organization Argot Collective sold another 600 ETH 6 hours ago
According to ChainCatcher, as monitored by Ember, the nonprofit development organization Argot Collective, which received 7,000 ETH in operating funds from the Ethereum Foundation, sold another 600 ETH for 2.15 million USDC six hours ago. Since it began selling ETH for stablecoins on July 11, Argot Collective has converted a total of 4,826.6 ETH into 15.417 million USDC, with an average selling price of $3,194.
00:57
Tether CEO: Will Promote USDT Compliance Entry into the United States
Odaily Planet Daily reported that after the signing of the GENIUS Act, Tether CEO Paolo Ardoino stated that USDT will be introduced to the U.S. market through the "foreign issuer channel" established by the new legislation, and that the company plans to launch a domestically oriented U.S. dollar stablecoin. Although USDT has never undergone a full audit, Tether has pledged to meet compliance requirements within three years. (Decrypt)
00:57
Crypto Fear and Greed Index Rises to 74, Market Remains in "Greed" Territory
According to ChainCatcher, citing Alternative data, today’s Crypto Fear and Greed Index has edged up slightly to 74 (from 73 yesterday), indicating that the market remains in a “greed” phase. Note: The Fear and Greed Index ranges from 0 to 100 and is composed of the following indicators: volatility (25%), market trading volume (25%), social media sentiment (15%), market surveys (15%), Bitcoin’s dominance in the overall market (10%), and Google trend analysis (10%).