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Tether’s USDT, worth over $155 billion, has commanded a near-monopoly over the stablecoin market for nearly a decade. Earning $13 billion in profit last year, the most transaction volume of any crypto asset — including BTC itself — and benefiting from its asset manager joining the presidential cabinet of Donald Trump, many people doubted any stablecoin could ever compete. However, for the first time in history, the world’s largest stablecoin issuer is reckoning with serious competition in the form of Circle. Circle has advanced its USDC remarkably this year, and Protos has compiled data on three metrics by which it has gained ground against Tether. For the first time in history, the world’s largest stablecoin issuer is reckoning with serious competition. Although Tether remains the market leader and retains a dominant share of tokens outstanding, search queries, and trading volume, Circle’s growth rates highlight some areas in which it is gaining ground....

The cryptocurrency industry saw a natural shift in trend across the globe. The market was once called a scam. But now the same people were embracing the ecosystem. President Donald Trump is a prime example of this. Trump not only endorsed Bitcoin (BTC) but also has an asset named after him. Doubling down on his interest in the market, the President is all set to host a private dinner for the top holders of the TRUMP coin. As the dinner is just around the corner, the community is eagerly looking into the growth of the network since its launch. Also Read: Goldman Sachs: MAG7 Hits 7-Year Low Amid AI, Trade & Antitrust Fears How High Has TRUMP Coin Surged Since The Start of 2025? Source: Bitcoinist Data from CoinMarketCap highlights how TRUMP Coin has witnessed massive growth since its launch in January of this year. The asset has increased in price by nearly 1000% during this period. The meme coin grew by 56% during the past 30 days alone. At the time of writing, TRUMP was trading at ...

The US pressed sanctions on Russia in February 2022 after they invaded and waged war on their neighboring country Ukraine. The sanctions were aimed at stalling Russia’s growth and bringing its overall economy and GDP down. Russia teamed up with the BRICS alliance and the bloc kick-started the de-dollarization agenda to counter the US sanctions. Also Read: BRICS: China Officially Launches Plan to Promote Its Own Payment System The BRICS bloc rewrote trade deals allowing Russia to send and accept local currencies for trade and cross-border transactions. China, India, and Saudi Arabia made use of the US sanctions and procured Russian oil and discounted prices. Saudi Arabia even brought Russian crude oil for a concession and laundered it all over Europe earning bigger profits. BRICS member India even saved $7 billion in foreign exchange by buying Russia’s crude oil at cheaper prices due to the sanctions. Therefore, the BRICS bloc mostly benefitted from the US sanctions saving an...

Sui has been experiencing a turbulent period with a notable drop in its price following a failed breakout above the $4 level. However, Sui has managed to hold its ground in the crypto space, even amidst the recent bearish trend. After peaking at $5.35 and achieving a market cap of $15.9 billion, $SUI faced a significant drop, eventually hitting a low around $2.70. However, it’s now showing signs of recovery, bouncing back from the lows and climbing steadily. Investors who managed to buy during the dip are likely seeing gains as the price rises again. Recently, Sui also launched on Phantom, further expanding its ecosystem by adding new integrations like SendSwap and Base Chain. $SUI Crypto Price Prediction At the time of writing, $SUI is trading at $3.19, with a 24-hour trading volume of $1.4 billion and a market cap of $9.99 billion. The $SUI price has dropped by 23% in the last seven days. As for its price movements, Sui had been in a rising wedge pattern for a while, which ...