Today, the world of decentralized finance (DeFi) is experiencing rapid excitement. Recent metrics paint a compelling picture of the recent adoption among stablecoins on the Ethereum network. Meanwhile, the world-changing launch of a Solana ETF has set the crypto world ablaze. Taken together, these developments are unlikely to transform the...
On Ethereum— the second-largest cryptocurrency network — this shift has been enormous. More recent data points to these stablecoin transactions being the driving force behind them, now pushing the vast majority of Ethereum’s profits. In this article, we examine the rapid increase in use of stablecoins and their increasing importance....
USDC, a stablecoin pegged 1:1 to the US dollar, is gaining popularity as a means for investors to earn passive income through staking. This approach allows individuals to receive incentives for temporarily setting aside their USDC reserves. On some platforms, they periodically earn these incentives in the form of annual...
