With bitcoin (BTC) cruising past the $ 100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $ 200 billion in total valuation, reflecting a $ 73 billion increase in this subset of fiat-pegged …
Stablecoins Break $200B Mark as Ethena’s Yield-Bearing USDE Supply Soars 89%
The stablecoin market has crossed an impressive $ 200 billion in value, with the top three fiat-pegged tokens experiencing notable growth over the past month. Ethena’s USDE has taken center stage, climbing over 89% since Nov. 9. USDE Supply Soars, USD0 Issuance Climbs a Staggering 91% As of Monday, Dec. 9, stablecoin data from …
$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform
Cetera Financial Group, a platform with $ 475 billion in assets under administration and $ 190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform. “We are prudently embracing bitcoin ETFs and we prioritized developing this important guidance to help …