The total market capitalization of the leading stablecoin, Tether’s USDT, has hit an all-time high of $83.2 billion, beating its all-time high established a year ago and offsetting the $18 billion market cap deflation triggered by UST’s fall from grace.
The issuer of the second-largest stablecoin by market capitalization USDC, Circle, has revealed it’s set to natively launch the stablecoin on the Arbitrum blockchain, in a move meant to replace the liquidity that had been previously bridged.
Nike has announced that its non-fungible token (NFT) platform, .Swoosh, is set to be incorporated within EA Sports games in an integration that opens up the possibility for Nike's virtual apparel and footwear to make appearances in game scenarios.
Top stories in the Crypto Roundup today:
- Tether’s USDT Hits New High Above $83 Billion Market Cap
- USDC to Launch Natively on Arbitrum Blockchain
- Nike NFTs to Appear in EA Sports Games
- Crypto Market Movers – RNDR, OCEAN, KAVA