Stablecoin Market - Ripple's RLUSD stablecoin market cap surpassed $1 billion within a year of its December 2024 launch [1] - RLUSD now ranks among the top 10 dollar-pegged stablecoins [1]

🔥 JUST IN: Mastercard is reportedly in talks to acquire crypto firm Zero Hash for up to $2 billion to enable 24/7 stablecoin settlement. https://t.co/y6fGMLX793 ...

New P2P ATH for October 👀Purple chain moves money. https://t.co/nlSYae76IQPolygon (@0xPolygon):P2P stablecoin volumes on Polygon hit an ALL TIME HIGH of $5.06B in September.Polygon is becoming the default rail for everyday payments. https://t.co/9nxXc0AQ0H ...

RT Token Terminal 📊 (@tokenterminal)The stablecoin supply on @ethereum surpasses $184 billion.The supply has increased by over $100 billion since January 2024.The stablecoin velocity -- as measured by transfer volume -- is also trending up. https://t.co/65ptkiMTfJ ...

Sky's USDS overtook Ethena's USDe in outstanding supply.@SkyEcosystem is again the 3rd biggest stablecoin issuer, following Tether & Circle. https://t.co/w7Gmt2JZok ...

Circle's CCTP (cross-chain bridge) transfer volume reached an all-time high of ~$14.5 billion in October, up ~7x YoY.Why is this chart interesting?It marks a shift in how Circle makes money.To date, Circle's business has relied on yield earned on the collateral that backs its USDC stablecoin (AUM-based revenue).With a product like CCTP, Circle earns revenue each time USDC is moved from one chain to another (transaction-based revenue).Diversified revenue streams = better business. ...

RT Cointelegraph (@Cointelegraph)🔥 NOW: The stablecoin supply on Ethereum has surpassed $184B, up over $100B since January 2024, per Token Terminal. https://t.co/nAfh5vHR6C ...

Monthly Ethereum stablecoin volume hits record $2.8 trillion in October https://t.co/yf45K5tgbr ...

⏱️ State of Crypto Tonight: Your 60-second week in review• Coinbase in late-stage talks to acquire stablecoin startup BVNK for $2B. Exchange doubles down on payment infrastructure.• EU Commission drafting proposal to give ESMA SEC-like oversight over crypto exchanges. Draft expected in December.• Bybit halts new user signups in Japan starting Oct. 31 as exchange adapts to emerging regulations. Existing users unaffected.• Nigerian fintech Flutterwave building cross-border stablecoin payment system on Polygon ...

RT Zach Pandl (@LowBeta_)Record stablecoin transaction volume in October. Biggest increase was Solana. https://t.co/4quOyHjEXb ...