Stablecoins
Data shows $USDT usage spikes in Asia and MENA day time
The payment protocol, built on the Solana blockchain, has been integrated into Shopify.
Two days after MakerDAO adjusted the DAI savings rate up to 8%, founder Rune proposed lowering it to 5%. What's the logic behind to lower DSR so quickly?
Paypal has more than 435 million accounts, it has potential to bring more crypto adoption. However, the token is launched only on Ethereum mainnet, the high gas cost could be a problem
After the Q1 boom, the crypto market was relatively quiet in Q2, but in June there was a major uproar: the SEC filed lawsuits against Binance and Coinbase. But there was also good news in the form of BlackRock's filing for a Bitcoin Spot ETF.
Binance to List First Digital USD ($FDUSD) and Introduce $FDUSD Zero Trading Fee Promotions
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements
Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD.
The crypto-based debit card will allow web3 users to use their stablecoins to pay for products in everyday life.
Last year’s prominent U.S. crypto legislation from a bipartisan pair of senators is back for a reboot that imagines a less prominent role for the SEC than Chair Gary Gensler has in mind.
- 03:33General Pullback in Crypto Market, Layer2 and PayFi Drop Over 2%, AI Sector Rises Against the TrendMay 6 news, according to SoSoValue data, the overall cryptocurrency market has pulled back, with the Layer2 and PayFi sectors down 2.05% and 2.30% respectively over 24 hours. Among them:- In the PayFi sector, XRP, LTC, and XLM fell by 2.78%, 4.50%, and 4.54% respectively, while SAFE rose against the trend by 13.78%;- In the Layer2 sector, POL and OP fell by 4.79% and 6.80% respectively, while MOVE rose by 4.19% during the session;- The AI sector rose against the trend by 0.96%, with TAO and AKT rising by 5.87% and 5.25% respectively.
- 03:32Ripple Releases Q1 2025 XRP Market ReportAccording to a report by Jinse Finance, Ripple's Q1 2025 XRP market report shows that the total amount of XRP held by Ripple at the end of the first quarter (March 31) was 4.56243 billion, an increase of 1.7% compared to the end of Q4 2024 (December 31). Meanwhile, the total amount of XRP in escrow (to be released monthly over the next 42 months) at the end of the first quarter (March 31) was 37.13 billion, a decrease of 2.57% compared to the end of Q4 2024 (December 31).
- 03:32A dormant whale withdraws 1,700 ETH from CEX after 6 months, with an overall unrealized loss of $3.58 millionBlockBeats news, on May 6, according to Onchain Lens monitoring, after 6 months of dormancy, a whale withdrew 1,700 ETH ($3.1 million) and 2.98 million USDT from a CEX. Currently, the whale holds 5,001 ETH, valued at $9 million, facing a loss of $3.58 million.