Tag: ETH

Trump Family-Backed USD1 Stablecoin Hits Record $2.4 Billion Supply

By Emir Abyazov Key highlights: World Liberty Financial issues $205M USD1 stablecoin, boosting total supply to $2.4B.  Fed Governor Christopher Waller praises stablecoins for retail and cross-border payments.  USD1 now represents 39% of World Liberty’s crypto portfolio, its largest position to date. The Trump family-backed project World Liberty Financial issued USD1 stablecoins just hours after […]

China Considers Yuan-Pegged Stablecoins to Boost Global Influence

By Emir Abyazov   Key highlights: China may allow yuan-pegged stablecoins to boost its global currency influence. Conflux has already launched a CNH-backed stablecoin for cross-border payments. Policy shift challenges dollar dominance amid growing global stablecoin adoption. China is reportedly considering allowing stablecoins pegged to the yuan for the first time, signaling a major reversal […]

The crypto market experienced a sharp pullback in August, triggering investor anxiety ahead of the Jackson Hole Symposium

By mrblockchain Key Points: The Crypto Fear and Greed Index dipped into “fear” territory at 45 before rebounding to neutral at 50. July’s FOMC minutes heightened uncertainty, coinciding with declining ETF inflows and treasury accumulation. Over $1 billion in liquidations occurred across crypto derivatives markets in three weeks, amplifying volatility. Bitcoin retreated from $124,000 to […]