The stablecoin market has grown to about $300 billion, with Tether (USDT) and USD Coin (USDC) strengthening their dominance. USDT leads with a market cap of around $186 billion, and USDC follows with about $70 billion, while other stablecoins remain much smaller. The competition is shifting from token issuance to securing broad adoption and deep liquidity, which creates a reinforcing network effect. Despite new entrants from banks and fintechs, USDT and USDC's extensive integration and liquidity make them difficult to unseat in the near term, though future challengers could emerge if they achieve similar scale and usage.
USDT deposits on Aave V3 increased by $526 million over three months, pushing total deposits to about $3.03 billion by late July 2026. This surge reflects strong demand for stablecoins in decentralized lending, with active USDT loans reaching $2.5 bi...
Circle and Tether, the leading stablecoin issuers, minted $3 billion in new tokens over two days, reflecting ongoing high demand for dollar liquidity on blockchain networks. Tether added $1 billion to its USDT supply, now around $183 billion, while C...
Tether has exited two Bitcoin mining operations in Uruguay following a conflict with the state utility UTE over electricity supply, leading to a halt in mining activities and losses of about $120 million. The dispute arose from differing interpretati...
Tether's $120 million Bitcoin mining project in Uruguay collapsed due to a dispute with the state utility UTE over electricity allocations, leading to power disconnections in July 2025. The disagreement centered on contract terms about power limits, ...
Oobit has partnered with AEON to integrate crypto payments into Vietnam's VietQR network, allowing travelers to pay with cryptocurrency by scanning local QR codes. Merchants receive payments in local currency, making it seamless without changing exis...
