Browsing: capital

In July, the stablecoin market hit a record $261 billion, with non-USD stablecoins quietly surpassing $1B in total market cap. However, CBDC developments showed a mixed picture, with some countries advancing pilots while others pushing back. Summary Stablecoins hit a new ATH market cap in July though their market dominance dipped as broader crypto assets rallied.Falcon Finance’s USDf surged 121% to enter the top 10 stablecoins.Non-USD stablecoins surpassed $1B in market

U.K fintech company Valereum Plc is raising funds to establish its Bitcoin treasury reserve, following many other companies that have jumped on the BTC band wagon. Summary Valereum Plc plans to raise £500,000 to purchase BTC for its reserve strategy.Its stock price dipped 4.35% following news of the BTC treasury, unlike past corporate BTC treasury adoption news on the market. On August 1, the fintech company announced that it will be aiming to raise £500,000 by issui