#Competitors want to ‘kill Tether,’ most altcoins ‘won’t make it’ in 2025: Finance Redefined

#Competitors want to ‘kill Tether,’ most altcoins ‘won’t make it’ in 2025: Finance Redefined

Only the altcoins with potential ETF approvals and solid revenue-generation models will outperform the crypto market in 2025. Tether’s competitors are exerting increasingly more pressure to push the world’s largest stablecoin issuer out of the crypto market, including political pressure aimed at reducing the firm’s leading market share. In the wider crypto markets, analysts are…

Read More
#HongShan, Peak XV back stablecoin-powered neobank KAST

#HongShan, Peak XV back stablecoin-powered neobank KAST

Peak XV and HongShan, the Indian and Chinese investment firms that split from powerhouse Sequoia last year, have co-led a $10 million seed investment in KAST, a dollar-denominated neobank-like platform that lets customers hold and spend stablecoins through traditional payment avenues.  Kast also issues credit cards that work with standard merchant networks, enabling users to…

Read More
# Why is the crypto market down today?

# Why is the crypto market down today?

The crypto market’s recent drop is due to a normal bull market correction and potential delays in the Spot Bitcoin ETF approval. Price action across the cryptocurrency market is seeing downside in recent days, led by declines in top-ranking cryptocurrencies, Bitcoin (BTC) and Ether (ETH). As of Nov. 15, the crypto market’s net capitalization was…

Read More
# From payments to DeFi: A closer look at the evolving stablecoin ecosystem

# From payments to DeFi: A closer look at the evolving stablecoin ecosystem

The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape. The rise of digital currencies, exemplified by Bitcoin (BTC), brought a groundbreaking shift in the financial landscape.  However, it also brought to light a critical challenge: price volatility. Bitcoin and many other early cryptocurrencies exhibited extreme price fluctuations,…

Read More