Stablecoin Searches Hit All-Time High Amid Explosive Market Growth
Public interest in stablecoins has reached an all-time high this month, according to Google Trends, as the sector experiences explosive growth. Recent regulatory clarity, soaring issuance, and increasing institutional involvement are all driving the trend. The last time stablecoins saw such attention was back in May 2022, when the TerraUSD (USTC) collapse sent shockwaves through […]
Rakbank Becomes UAE’s First Traditional Bank to Enable Retail Crypto Trading
The National Bank of Ras Al Khaimah (Rakbank), a state-backed financial institution in the UAE, has made history by becoming the first traditional bank in the country to provide retail customers with access to cryptocurrency trading. In a statement released on Tuesday, Rakbank unveiled its new crypto brokerage feature integrated directly into its mobile app. […]
Corporations Now Hold 1% of Ethereum Supply
Institutional interest is increasingly shifting toward Ethereum, with corporate entities accumulating ETH at a pace surpassing that of Bitcoin, according to a recent report by Standard Chartered. Since early June, companies managing cryptocurrency treasuries have acquired roughly 1% of Ethereum’s total circulating supply. This marks a notable acceleration in Ethereum purchases compared to those focused […]