The post Stablecoin transaction count, volume up despite market cap decline appeared on BitcoinEthereumNews.com.
Homepage > News > Business > Stablecoin transaction count, volume up despite market cap decline Stablecoins are surging in both their number of transactions and transaction volume, despite a reduction in overall market cap and new regulatory schemes trying to bring a close to the sector’s wild west period. Visa (NASDAQ: V), on-chain analytics say adjusted stablecoin transaction volume tied its all-time high of $1.78 trillion in the month of June, matching February’s total but 62% higher than May’s $1.1 trillion. (For the record, ‘adjusted’ volume eliminates “high-frequency and high-volume trading wallets, high-frequency and high-volume smart contract addresses, [and] bot-related activity.”) The USDC token issued by Circle (NASDAQ: CRCL) claimed $1.2 trillion of June’s total, while Tether’s USDT accounted for $571.7 billion. From there, it’s a steep dollar-denominated drop-of
The post AMD just revealed when it will file its next earnings appeared on BitcoinEthereumNews.com.
Advanced Micro Devices (NASDAQ: AMD), the world’s second-biggest semiconductor company and one of the best-performing blue-chips in the 2026 stock market, confirmed it would be filing its next earnings report on August 4 in a late Wednesday press release. The document is likely to prove critical for AMD investors, considering it will come during a period of increased uncertainty regarding the chipmaking industry and the artificial intelligence (AI) boom, and could provide substantial tailwinds to the equity. Indeed, analysts appear to, on average, be forecasting a substantial rise in earnings per share (EPS) relative to recent quarters, per the data Finbold retrieved from Nasdaq on Thursday, July 9, 2026. Analysts predict AMD stock Q2 earnings Specifically, after AMD beat the $1.06 prediction for Q1 by announcing an EPS of $1.11, the semiconductor giant is expected to have achieved $1.35
Binance's shrinking USDC reserves may signal shifting trader preferences and regulatory impacts, affecting market liquidity and stability.
The post Binance USDC holdings drop 22% to $4.6B as $1B in stablecoin liquidity exits appeared first on Crypto Briefing.
The post BNB Chain Targets AI Trading With New High-Speed Layer 1 Blockchain appeared on BitcoinEthereumNews.com.
BNB Chain is building a high-speed Layer 1 to give AI trading agents near-instant onchain execution. The new network removes the public mempool to reduce front-running and speed up transaction processing. BNB Chain plans a 2027 mainnet while expanding DeFi, stablecoin activity, and ecosystem growth. BNB Chain is developing a new Layer 1 blockchain designed for AI-powered trading agents, as the network looks to make onchain trading faster and more competitive with centralized exchanges. The project is expected to enter testnet before the end of 2026, with a mainnet launch planned for early 2027. The new blockchain is designed to process more than 100,000 transactions per second, deliver transaction confirmation in under 50 milliseconds, and finalize blocks in less than a second. The upgrade aims to narrow the speed gap between decentralized and centralized trading platforms,
The post Sony Ventures into US Stablecoin Market with New Trust Entity appeared on BitcoinEthereumNews.com.
Sony Bank, part of the Sony Financial Group, recently achieved a significant milestone by acquiring preliminary approval from the US Office of the Comptroller of the Currency (OCC) to establish Connectia Trust. This new subsidiary will concentrate solely on the issuance and management of US dollar-pegged stablecoins, seeking to carve a niche in the burgeoning […] Continue Reading:Sony Ventures into US Stablecoin Market with New Trust Entity Source: https://en.bitcoinhaber.net/sony-ventures-into-us-stablecoin-market-with-new-trust-entity
SK Hynix's Nasdaq debut could reshape global tech investment dynamics, highlighting the growing importance of AI hardware in financial markets.
The post SK Hynix prepares for US listing as tech sector darling with $28 billion Nasdaq debut appeared first on Crypto Briefing.
The post Hyundai Completes First Stablecoin-Based Cross-Border Payment Trial appeared on BitcoinEthereumNews.com.
The post Hyundai Completes First Stablecoin-Based Cross-Border Payment Trial appeared first on Coinpedia Fintech News Hyundai Card said it completed a stablecoin-based intercompany payment between Hyundai Motor subsidiaries in the United States and Mexico, calling it the company’s first such transaction. The $20,000 payment, conducted using a U.S. dollar-pegged stablecoin, was completed and verified in about seven minutes. The trial highlights the potential for faster cross-border corporate payments. A second … Source: https://coinpedia.org/crypto-live-news/hyundai-completes-first-stablecoin-based-cross-border-payment-trial/
The post Hyundai Card uses USDT and Avalanche for first intercompany remittance trial appeared on BitcoinEthereumNews.com.
Hyundai Card has completed its first stablecoin-based cross-border remittance test, settling a $20,000 payment between Hyundai Motor’s U.S. and Mexican entities in about seven minutes using USDT on Avalanche. Summary Hyundai Card completed a $20,000 USDT cross border remittance between Hyundai Motor’s U.S. and Mexico entities in about seven minutes. The transaction ran on Avalanche using Tether’s USDT and was carried out for an actual intercompany settlement instead of a test environment. Hyundai will expand the pilot to Europe later this month with Visa and Circle to test stablecoin transfers across multiple local currencies. According to a Hyundai Card press release, the proof-of-concept (PoC) involved Hyundai Motor America converting $20,000 into Tether’s USDT, transferring the funds over the Avalanche blockchain to Hyundai’s Mexico unit, where the stablecoins w
Hyundai Card has completed its first stablecoin-based cross-border remittance test, settling a $20,000 payment between Hyundai Motor’s U.S. and Mexican entities in about seven minutes using USDT on Avalanche. According to a Hyundai Card press release, the proof-of-concept (PoC) involved…