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Is the stablecoin market witnessing a revival?

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Stablecoin activity, particularly USDC and USDT, is on the rise, with notable growth in the size of holdings compared to market value.

This move will make USDC native to the Cosmos network via Noble, establishing it as the official form of USDC for the Cosmos ecosystem. The integration aims to proliferate native USDC liquidity across various Cosmos appchains, including platforms like dYdX and Osmosis.

Meanwhile, Tether is actively working on renewable energy mining for Bitcoin, a move that could positively impact sentiment surrounding stablecoins associated with the company. Tether Energy is forging partnerships worldwide with local companies, offering capital, infrastructure support, development expertise, and general support to establish renewable energy production and Bitcoin mining facilities.

 

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