Crypto card spending surged to $759 million monthly by July 2026, with dollar-backed stablecoins USDC and USDT capturing 84% of the market. Euro-backed stablecoin EURe's share plummeted from 88% in early 2024 to just 2%, marking a dramatic shift. This change is influenced by regulatory frameworks like the EU's MiCA, which favored USDC's compliance, reshaping crypto payment preferences in Europe. The growing transaction volume signals crypto cards are moving beyond early adoption into broader use.
Binance's August 1, 2026 proof of reserves report confirms that Bitcoin and Ethereum holdings fully cover user balances at 100.25%, with stablecoins like USDT, USDC, and USD1 backed even higher. This snapshot, verified using advanced cryptographic me...
PayPal USD (PYUSD) and USD Coin (USDC) are seeing increased user adoption and network activity even as overall stablecoin market liquidity has declined by about $16 billion in three months. PYUSD added 863 new wallets in one day, signaling growing re...
Hyperliquid's HYPE token surged 79.2% in Q2 2026, reaching a record $76.90 despite a 14.1% drop in Bitcoin. The protocol reported a 93% outperformance over Bitcoin, driven by recovering revenue and higher trading volumes, with annualized revenue hitt...
Ethereum's total staked supply has reached a new all-time high of 41.4 million ETH, representing about 34% of the total supply. This reduces the liquid ETH available for trading, potentially tightening market liquidity. Meanwhile, crypto trading volu...
