USDT wins payments, USDC wins DeFi as stablecoins diverge: Dune

Sanctum's successful mobile app launch highlights the growing trend and potential of mobile-native DeFi solutions in expanding user engagement. The post Sanctum mobile app attracts over 9,000 users in launch week appeared first on Crypto Briefing.

The post Tether Injects $20 Million to Bolster Latin America’s Blockchain Finance with Mercado Bitcoin appeared on BitcoinEthereumNews.com. Tether has made a significant financial commitment to Mercado Bitcoin, a leading crypto platform in Brazil, by injecting $20 million to advance the blockchain financial services landscape in Latin America. This strategic investment aims to enhance Mercado Bitcoin’s capabilities in the realm of tokenized assets, stablecoin payments, and lending solutions, signaling a push towards broadening […] Continue Reading:Tether Injects $20 Million to Bolster Latin America’s Blockchain Finance with Mercado Bitcoin Source: https://en.bitcoinhaber.net/tether-injects-20-million-to-bolster-latin-americas-blockchain-finance-with-mercado-bitcoin

The post Crypto Market Sectors Retreat as Meme Tokens Lead Daily Declines appeared on BitcoinEthereumNews.com. Meme sector leads losses as SocialFi stays positive despite wider crypto market weakness. SocialFi tops weekly and quarterly returns while DeFi leads year-to-date performance. Crypto sentiment stays in Fear as Bitcoin, Ethereum, and XRP extend daily declines. The crypto market turned lower after several days of gains, with sector performance data pointing to renewed caution across digital assets. Figures from SoSoValue showed losses spreading through most major crypto categories over the past 24 hours, while broader market indicators also reflected weaker prices and subdued investor sentiment. Although several individual tokens posted gains despite the decline, the Meme sector recorded the highest daily loss among the major narratives, contrasting with the SocialFi sector, which remained one of the few areas to finish the session in positive territory. Meme Sector Records the

The post Is Monad’s record $477mln TVL organic or incentive-driven? Assessing… appeared on BitcoinEthereumNews.com. Monad’s DeFi ecosystem has seen significant increases in liquid assets since November, which reflects an increase of participants in this environment. The Total Value Locked (TVL) within the Monad [MON] network rose from approximately $80 million in November to a high of $477 million. This rise indicates substantial capital flows into Monad. This growth began at a moderate pace and then accelerated rapidly beginning in March. As of April, the TVL in the network was greater than $400 million. More recently, Aave [AAVE] V3 launched on Monad, and it attracted almost $100 million in deposits. Source: X Additionally, MetaMask chose the home network for its “Money Account” to be on Monad. Despite this, the continued increase of liquidity is an important indicator of potential long-term success. Yet, the actual amount of liquidity does not necessarily translate into sustainable

The post Tether Pours $20 Million Into Mercado Bitcoin for Latin American Blockchain Growth appeared on BitcoinEthereumNews.com. Oliver Dale Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com Source: https://blockonomi.com/tether-pours-20-million-into-mercado-bitcoin-for-latin-american-blockchain-growth/

The post Former Tether CIO Richard Heathcote Plans Stake Sale In Private Deal appeared on BitcoinEthereumNews.com. Former Tether CIO Richard Heathcote plans to sell part of his 1.26% stake. Private stake sale could offer a rare look at Tether’s market valuation today. Tether posted a $1.04 billion Q1 profit with excess reserves of $8.23 billion. Richard Heathcote, the former Chief Investment Officer of Tether Holdings, is planning to sell part of his 1.26% stake in the stablecoin giant. He is working with investment bank PJT Partners and has already begun discussions with potential buyers, though no valuation has been disclosed. A Rare Window Into Tether’s Private Value Tether does not trade on any public exchange, making private secondary transactions one of the only ways the market can gauge what the company is actually worth. Earlier this year, Tether paused plans to raise capital at a valuation of up to $500 billion while it awaited the results of its first comprehensive financial

Robinhood's DeFi expansion could democratize access to high-yield lending, challenging traditional banks and reshaping retail investment norms. The post Robinhood reports $377B in assets on platform, highlights Morpho integration for new lending product appeared first on Crypto Briefing.

The post Tether Commits $20M to Mercado Bitcoin to Scale Tokenized Finance appeared on BitcoinEthereumNews.com. Bitcoin News Stablecoin issuer Tether has committed 20 million dollars to a strategic financing round for Mercado Bitcoin, one of Latin America’s largest digital-asset exchanges, as it accelerates its push into on-chain finance. The capital, disclosed in the company’s official statement on July 7, will fund Mercado Bitcoin’s expansion across tokenization, digital payments, credit and capital-markets infrastructure in Brazil and the wider region. Tether chief executive Paolo Ardoino called the platform’s combined licensing and tokenization stack unrivaled in Latin America. The deal deepens Tether’s exposure to a market where regulated Bitcoin (BTC) rails are gaining traction, and it lands while broader Bitcoin sentiment stays cautious. Founded in 2013 as a crypto exchange, Mercado Bitcoin has grown into a full-stack financial-services platform serving roughly 4.5 million users