USDC has processed over $90 trillion in cumulative on-chain transactions, marking a major milestone for the stablecoin since its 2018 launch. In the first half of 2026, USDC captured about 70% of adjusted stablecoin transaction volume, far outpacing Tether's USDT at 25%. Circle's full control over USDC and investments in cross-chain technology have driven this growth, increasing liquidity and integration in DeFi and traditional finance. This shift signals a changing stablecoin landscape with USDC as a key player, though it also concentrates risk around Circle as the sole issuer.
Ethereum's transaction volume is at an all-time high, but average gas fees have plummeted to near zero, reducing the network's fee revenue. This is due to successful scaling upgrades like Dencun and the upcoming Fusaka, which lower costs by shifting ...
Russia has introduced a regulatory framework allowing Bitcoin, Ethereum, and USDT for cross-border transactions, while excluding XRP from the approved list. This move, managed by the Bank of Russia, permits these digital currencies under licensed con...
Russia's central bank has approved Bitcoin, Ethereum, and Tether's USDT for retail trading on domestic exchanges under a new licensed crypto market regime. This regime includes rules like using approved intermediaries, passing risk tests, and a 300,0...
Cryptocurrency markets exhibit mixed price changes, with Bitcoin falling 1.2% to $63,501 and Ethereum down 0.6% to $1,862.56. Binance Coin rises 1.4% to $609.39, while other altcoins show varied performance, reflecting ongoing market volatility. Thes...
The Bank of Russia has included Bitcoin, Ethereum, and Tether's USDT as eligible cryptocurrencies for public trading on Russian exchanges under a new digital assets law effective September 1. The law sets strict criteria including high market capital...
