Last Week in Crypto: Highlights in the World of Cryptocurrencies
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $58,528.33 | 7.25% | $62,770.48 |
| ETH | $2,301.55 | 10.39% | $2,540.63 |
| BNB | $546.82 | 3.75% | $567.31 |
| SOL | $131.77 | 11.49% | $146.91 |
| XRP | $0.5734 | 1.85% | $0.58 |
| TON | $5.4890 | 1.91% | $5.59 |
| DOGE | $0.1011 | 3.86% | $0.11 |
| ADA | $0.3320 | 5.84% | $0.35 |
| AVAX | $23.73 | 14.54% | $27.18 |
Tether (USDT) Dominates Stablecoin Market with 75% Share
Tether (USDT) has surged to control 75% of the stablecoin market, a dramatic increase from 55% just two years ago. This expansion has translated into a stellar $400 million in revenue for the last month alone. With its robust market presence, Tether is solidifying its position as the leading stablecoin in the crypto world.
BNB Chain Introduces Gasless Stablecoin Transactions!
BNB Chain is enhancing its stablecoin ecosystem by launching gasless transactions for USDT, USDC, and FDUSD. This initiative, unveiled on September 18, aims to make stablecoin payments faster and fee-free. By partnering with major exchanges like Binance and Gate.io, BNB Chain is simplifying crypto transactions, making it easier for users to integrate stablecoins into their daily lives and promoting wider Web3 adoption.
Global CBDC Boom: 134 Countries Racing to Digital Currencies
A new report reveals that 134 countries, covering 98% of global GDP, are exploring central bank digital currencies (CBDCs). Of these, 66 are in advanced stages, with every G20 nation involved. Key players like China, Europe, and Japan are leading, while the U.S. lags but is making strides with cross-border projects like Project Agorá.
Donald Trump Buys Burgers with Bitcoin at NYC Bar
Former U.S. President and 2024 Republican nominee Donald Trump made headlines by using Bitcoin to buy burgers at Pubkey, a Bitcoin-friendly bar in New York City. This marked the first time a former president used cryptocurrency in a public transaction. The event followed Trump’s recent announcement of a new token launched through his family’s crypto platform. Despite previously criticizing Bitcoin, Trump has shifted his stance, advocating for BTC miners as part of his 2024 campaign.
Crypto.com Secures Payment License in Bahrain, Expands in MENA Region
Crypto.com has received a full payment service provider license from Bahrain’s central bank, strengthening its foothold in the Middle East. This license allows the exchange to offer e-money and prepaid card services across the Gulf Cooperation Council (GCC), including the UAE, Saudi Arabia, and more. Following its recent approval in Dubai, Crypto.com continues to expand rapidly in the region.
Sources
https://cointelegraph.com/news/donald-trump-bitcoin-transaction-burger-nyc-bar
https://cointelegraph.com/news/ccrypto-com-bahrain-payment-license-gcc-expansion
