USDT/USD

USD Coin (USDC) is coming to Stellar, according to a recent announcement published by the Stellar Development Foundation. The Foundations’ CEO, Denelle Dixon, noted that the addition should happen by early 2021, and that it will allow Stellar users an opportunity to connect to a global financial infrastructure. USDC saw major growth in 2020 USD Coin is one of the world’s biggest stablecoins. In fact, it is the second-largest one by ma...

Tether (USDT) has been the world’s largest stablecoin for years now, but over the last year, it managed to climb quite high. It currently stands as the world’s third-largest crypto based on market cap, and its most recent milestone includes surpassing $600 billion in volume. Tether exceeds $600 billion in volume Latest Glassnode data confirmed via Twitter that USDT has seen a massive increase in its transaction volume. As mentioned, t...

Crypto platforms are starting to team up in order to bring digital coins to new markets. Recently, a new such partnership was announced with the goal of pushing crypto trades in Eastern Europe, and it includes P2P exchange, Paxful, which teamed up with Turkish BiLira and a trading platform Cointral. Benefits of the team-up According to Paxful, the move came due to increased trading activity and registrations by Turkish users. Over the past year,...

Switzerland has been one of the European crypto hubs for a few years now, and it seemingly continues to work on being even more inclusive of digital coins. Recently, the country’s largest online retailer, Digitec Galaxus, started conducting tests for crypto transactions revolving around a bank-issued stablecoin. Stablecoin payments might be coming to Digitec Galaxus The coin in question is known as DCHF stablecoin, and it was launched by Sw...

Tether (USDT) has recently seen a major surge in its average daily transfer value. In fact, the growth has exceeded $3.55 billion as of August 20th, which officially put it ahead of Bitcoin, but also PayPal itself. Tether outperforms Bitcoin and PayPal The new information comes from a recent report published by CoinMetrics, which revealed a major surge of Tether’s 7-day average adjusted transfer value. The new ATH is approximately 20% highe...

OKEx, a leading crypto exchange, has launched a peer to peer trading platform in India. The news was confirmed through a tweet by the exchange on August 5, which announced that crypto enthusiasts in the country could now use Indian Rupees (INR) to trade cryptocurrencies at zero fees. According to the press release published on August 4, India’s frequently used payment methods such as UPI, IMPS, and NEFT are accepted on OKEx for better tradi...