Beijing Halts Tech Giants' Stablecoin Ambitions in Hong Kong: FT► https://t.co/qWbKQw4vaY https://t.co/qWbKQw4vaY ...

Core Insights - NYDIG challenges the notion that stablecoins are reliably pegged to the U.S. dollar, asserting that they are subject to market fluctuations rather than fixed values [1][2] - The recent $500 billion sell-off in the crypto market highlighted the instability of stablecoins like USDC, USDT, and Ethena's USDe, which dropped to as low as $0.65 [1][3] Group 1: Stablecoin Dynamics - Stablecoins are not truly pegged to $1.00; instead, their prices fluctuate based on market supply and demand [2] - The term "peg" implies a guarantee that does not exist, as stablecoins are market-traded instruments influenced by trading dynamics [2] - During market panic, the mechanisms that maintain stability can fail, leading to significant price drops for stablecoins [3] Group 2: Market Performance - USDT and USDC traded above $1 during the recent crash, while USDe experienced a severe collapse [3] - The crypto ecosystem is fragmented, with even widely used assets failing in real-time, leading to a misunderstanding of actual risks by users [3] - In contrast, the lending markets, particularly the DeFi protocol Aave, performed well during the crash, liquidating only $180 million worth of collateral, which is 25 basis points of its total value locked [4]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The world’s biggest fintech conference just wrapped in Mumbai with over 100,000 attendees, more than 800 speakers, and one glaring omission: any meaningful discussion of cryptocurrencies or stablecoins—despite Bitcoin hitting an all-time high above $125,000 the same week. At the three-day Global Fintech Fest in Mumbai that kicked off Oct. 7, organizers instructed speakers to steer clear of "political, cryp ...

Read SnapShot Issue 228 now:🪙 Weekly stablecoin senders on Ethereum surge past 1M🇦🇪 https://t.co/hcDm4vdblb becomes UAE’s first VASP to obtain dirham-based licence🏦 Citi plans to launch crypto custody in 2026🏛️ Citi, BofA, and Goldman plan G7-pegged reserve-backed digital money— and more ...

Top 15 stablecoin issuers on @ethereum 👇1. @Tether_to2. @circle3. @ethena_labs4. @SkyEcosystem5. @PayPal6. @Paxos7. @Ripple8. @FirstDigitalHQ9. @usualmoney10. @worldlibertyfi11. @aave12. @tusdio13. @global_dollar14. @fraxfinance15. @capmoney_ https://t.co/fKEJyGPR0f ...

RT Milk Road (@MilkRoadDaily)Stablecoin supply on $ETH just hit a new ATH - $180B.That’s up +500% since 2020 and +$60B higher than the 2022 bull peak.Adoption is happening at a wild pace. https://t.co/JahpjH1J4w ...

⚡ LATEST: Stablecoin Supply just hit $304.5B for the first time ever. https://t.co/kC5izEuUG2 ...

WuBlockchain Weekly: US Seizes Over 120,000 Bitcoins via Private Key Vulnerability, French Banking Giant Launches Euro Stablecoin, DAT Trades Below Net Asset Value, Cryptocurrencies and Tokenization Are SEC’s Top Priority, etc https://t.co/mzeZL03IqG https://t.co/MRo9jBRz6n ...

Solana DeFi Ecosystem Overview - Solana DEX 交易量在第三季度增长 7%，但公共 DEX 交易量下降 9% [1] - 增长由私人 DEX 推动，占 Solana DEX 总交易量的 37% [2] Stablecoin Dynamics - Solana 稳定币供应量在第三季度增长 37% [2] - USDC 增长 39%，目前占 Solana 稳定币供应量的 69% [2] - Solana 上流通的稳定币供应量占总供应量的 5.1% [2] Key Metrics for Further Analysis - 运营绩效（收入、实际收益、总收益）[2] - 网络基础（GDP、RWA、质押 SOL 等）[2] - 稳定币（供应量、速度）[2] - 效率 KPI（产生 1 美元收入的成本、DeFi 速度等）[2] - 代币经济学（发行、销毁、净稀释）[2] - DeFi（DEX、私人 AMM、代币发行等）[2] - 相对强度（SOL 与 Beta 对比）[2] - 相关性（SOL 与 KPI）[2]

Standard Chartered thinks Ethereum has strong potential.Standard Chartered (STAN -3.54%) global head of digital assets research, Geoff Kendrick, says he believes Ethereum (ETH 3.77%) could reach $25,000 by 2028. That's a 505% increase from the closing price of $4,128 on Oct. 14. Kendrick, who is known for his bullish predictions, also thinks Ethereum could reach $7,500 by the end of this year. Kendrick identified two major drivers that could propel Ethereum to new highs. One is heavy corporate and instituti ...