Category: Token Trends
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Tether allocates $3.2 billion profits to gold mining expansion in 2024 diversification strategy
Tether, issuer of USDT, considers investing $3.2 billion in profits into gold mining operations, expanding beyond stablecoins into physical assets.
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Tether invests $8.7 billion in gold reserves, targets gold mining sector expansion in 2024
Tether’s gold reserves reached $8.7 billion, prompting talks with gold miners to expand its holdings and diversify beyond USDT and Bitcoin.
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India and US Lead 2025 Global Crypto Adoption Index with 35% Growth
India and the US lead the 2025 Global Crypto Adoption Index by Chainalysis, with 35% growth in emerging markets and Bitcoin reaching $75,000.
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El Salvador buys $50 million in gold for first time since 1990 amid Bitcoin strategy
El Salvador purchased $50 million in gold for the first time since 1990, diversifying reserves alongside Bitcoin holdings amid ongoing economic strategy.
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Ethereum Layer 2 Linea launches token next week with 1.2 billion supply
Linea, an Ethereum Layer 2, launches its token next week with a 1.2 billion supply, aiming to enhance scalability and reduce transaction fees for users.
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Venezuela adopts USDT for 20% of remittances amid 2024 dollar scarcity crisis
Venezuela increases USDT usage amid dollar scarcity, with Bitcoin and Ethereum also rising; 20% of remittances now use cryptocurrencies.
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Webus and Air China deploy XRP for 60 million loyalty members in aviation blockchain integration
Webus and Air China integrate XRP for 60 million loyalty members, marking Ripple’s expansion into global aviation with blockchain-based rewards.
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Bitwise lists Bitcoin, Ethereum, Solana, and XRP ETPs on SIX Swiss Exchange for European investors
Bitwise launched Bitcoin, Ethereum, Solana, and XRP ETPs on the SIX Swiss Exchange, expanding access to four major cryptocurrencies for European investors.
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Ripple deploys RLUSD stablecoin in Africa through Chipper Cash, Yellow Card, and VALR partnerships
Ripple partners with Chipper Cash, Yellow Card, and VALR to introduce RLUSD stablecoin across African markets, targeting 1.3 billion potential users.
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Wyoming state-chartered stablecoin launches on Hedera network with $1 peg target
Wyoming’s stablecoin launches on Hedera network, with HBAR integration, targeting $1 peg and regulatory compliance under state-chartered framework.