Investor confidence in stablecoins is tied to the issuer’s ability to redeem them for fiat currency at any time. To ensure that, stablecoin companies keep backup funds to secure their value. They hold actual …
Tag:
Dominance
- Bitcoin & Ethereum
A16z raises $15B Says Crypto is Crucial to Preserve US Dominance
by adminby adminCrypto remains a key technology for maintaining America’s technological edge, according to a16z, which has raised another $15 billion to back American-aligned tech investments. Tech-focused venture capital firm Andreessen “a16z” Horowitz said it raised …
- NFT & Metaverse
Bitcoin Reasserts Dominance Over Ethereum as Trump Trade Spat Escalates
by adminby adminIn brief Bitcoin gained against Ethereum as Trump’s latest tariff threat weighed on markets. Despite recently losing ground, Ethereum is still outperforming Bitcoin this year. Some analysts foresee an altcoin rally, while others are …
Looking at USDT and USDC’s market capitalization today, you may be fooled into thinking they are unchallengeable. With Tether and Circle controlling over 80% of global stablecoin value by market cap as of October …
