Stablecoin Issuers Speed Up Issuance: World Liberty, Ethena, Tether
Stablecoin Issuers Speed Up Issuance: World Liberty, Ethena, Tether. Photo By Jakub Žerdzicki On Unsplash.
Top stablecoin issuers World Liberty, Ethena Labs and Tether gave new numbers on their issuance increases. Clearer global appetite following regulatory shifts and announcements of new partnerships are leading the charge for increasing the adoption.
Coinbase has announced its addition of newcomer USD1, launched by World Liberty Financial earlier this year yesterday. A day earlier, the issuer backed and run by the Trump family, revealed it had minted another $205 million of USD1 for its treasury.
Stable, a native blockchain built for scaling USDT issued by Tether, gave a brief overview of the stablecoin's broader success metrics in the past few months: over 500 million users now utilize USDT from 150 different countries. According to Tether's tracker, supply sits at $167.1 billion.
Note: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct due diligence at all times.
This article has been partly researched and aggregated with the help of AI and does not pertain to be an exclusive story. For specific media and public information referenced, please find it below.
Source(s): https://x.com/worldlibertyfi/status/1958287010315264274
https://x.com/ethena_labs/status/1958484780959584312
