ZionCoins Market Cap
While USDC has been popular in developed markets, it has seen significant growth in emerging regions among fintechs and brokers servicing businesses and households, Jeremy Allaire told CoinDesk in an interview.
The holdings of the U.S. spot bitcoin exchange-traded funds are about to cross over one million tokens after only ten months of trading.
Some claim a new wave of big-money tokens are backed by sentient AI bots. But that’s not the reality.
Historically, only crypto-native companies held bitcoin on their balance sheets. However, a significant structural shift has occurred over the past four years. Public and private companies are now embracing bitcoin, motivated by economic, geopolitical, and regulatory factors.
Botanix Labs is building Spiderchain to be compatible with EVM layers, allowing ny application or smart contract on an Ethereum layer to be effectively copied and pasted onto Bitcoin.
Coinbase Ventures is shifting focus away from pure-play crypto investments.
“If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi,” BOB co-founder Alexei Zamyatin, told CoinDesk.
The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023.