Features Crypto News by Thebittimes.Com

2025 has been a banner year for stablecoins. A new regulatory framework has been passed in the United States, and even World Liberty Financial, a firm linked to the president of the United States, has launched its own stablecoin. According to data from DefiLlama, stablecoins have increased in market capitalization from approximately $205 billion to somewhere in the region of $263 billion. Predictably, Tether (USDT) has maintained significant dominance over this market sector, representing approximately 62% of its total market capitalization. Tether Throughout 2025, USDT has grown from a market capitalization of approximately $137 billion to $162 million. Tether has also been able to make inroads into the political arena thanks to Howard Lutnick, who previously led Cantor Fitzgerald — where Tether keeps much of its reserves — and who is now the commerce secretary under Donald Trump. Read more: Tether: Ten years, 100,000,000,000 USDT, and still ...

The Circle Revenue Boost Per a report from Bloomberg as propagated by Circle CEO, Jeremy Allaire, the company raked in a total of $779 million in the first half of this year. These massive revenue figures account for more than the $772 million the company recorded for the entirety of the 2022 financial year. advertisement For the current year, Allaire confirmed that Circle also reaped the sum of $219 million in adjusted earnings before interest, taxes, depreciation, and amortization in the first half. Bogus as these figures may sound, it notably outpaced the $150 million it recorded as profit for all of last year.  BREAKING coverage from @Bloomberg on @circle. "Circle had $779 million in revenue in the first half of the year, already surpassing the $772 million for all of 2022. The private firm generated $219 million in adjusted earnings before interest, taxes, depreciation, and… Recommended Articles ...

Xapo Bank , a prominent Bitcoin custodian and a licensed private bank, has partnered with Circle . According to the details from the recent press release, Xapo Bank has become the world’s first licensed bank to incorporate USDC payment rails as a viable alternative to SWIFT. Also read: Telegram Adds Tether (USDT) Transfer Feature With the new integration, Xapo Bank is adding outrails to its current USDC onramps. The new integration will allow members to circumvent the time-consuming and costly SWIFT payments. Source: Forbes Xapo Bank users can deposit and withdraw via Circle’s stablecoin The bank’s users can now deposit and withdraw via USDC with zero fees. Xapo Bank is currently providing a conversion rate of 1:1 from USDC to USD. Any USDC deposits made with Xapo Bank are automatically converted to USD. This conversion allows members to receive a 4.1% annual interest rate return on their deposits. “ Xapo Bank’s USDC payment rails mark a watershed moment ...

Stablecoins are digital currency tokens that are correlated to a specific fiat currency or precious metal. Global currencies, like the US dollar or the euro, are examples of fiat money. A link between fiat money and cryptocurrencies is provided by stablecoin s. BitUSD, which debuted in 2014, was the very first  stablecoin . There are various kinds of stablecoin s, despite the fact that they are digital tokens pegged to the value of another asset. 2022 has been a tremendous year for stablecoin s, and ample developments have occurred. From the fall of TerraUST and various countries passing favorable laws for stablecoin s, here’s what’s happened in 2022. Stablecoin developments in 2022 The bear market persisted all throughout 2022. However, when the Terra ecosystem fell in May, that took a major toll on stablecoin s. TerraUST, which was supposed to maintain its peg at $1, fell to almost zero. Ever since the scrutiny of stablecoin s began, issuers have also been urged to...

Towards the end of September, the largest crypto exchange Binance de-listed all USD Coin [USDC], TrueUSD [TUSD], and Pax Dollar [USDP] denominated trading pairs. Right after that, it officially started auto-converting deposits into the exchange’s native stablecoin BUSD.  The said 1:1 conversion measure was taken to enhance liquidity and capital efficiency for the users. The delisting and conversion, however, impacted the market share of volume across all global exchanges .  A recent analysis from Kaiko revealed, USDC, as of now, has seen a considerable drop in market share for BTC vs. stablecoin transactions, falling from 2.79% to just .5%, which shows that Binance accounted for a majority of USDC volume on centralized exchanges. On the other hand, since the auto-conversion, BUSD’s global market share—when compared against USDT and USDC—has increased from ~20–21% to 26%. Source: Kaiko The auto-conversion was executed after USDC’s market capitalization tumbl...