JPMorgan Flags Rising Stablecoin Rivalry JPMorgan analysts are warning that Circle’s dominance with its USDC stablecoin is under pressure from emerging competitors. Tether is preparing to roll out a new U.S.-compliant token, while Hyperliquid and fintech giants like Robinhood and Revolut are exploring launches of their own. Analysts argue that this wave of new entrants…
Bitcoin’s Sharp Drop and Long-Term Holder Sell-Off The price of Bitcoin has dropped a lot at the start of September. The price went down 6.5% to $108,000. This drop was caused by a huge sell-off by people who had held on to their stocks for a long time. This was the biggest dump of the…
The Dominant Platform for Stablecoins According to a new analysis from JPMorgan, Ethereum is uniquely positioned to benefit from the explosive growth of the stablecoin market. The network currently hosts a staggering $138 billion worth of stablecoins, giving it a commanding 51% share of the entire $270 billion sector. This dominance is a powerful indicator…
