FOMC Minutes Show Cautious Approach to Future Rate Cuts
The FOMC minutes show that Fed officials supported a cautious approach to future rate cuts due to a strong economy and moderating inflation. They noted that if U.S. inflation continues to rise, cuts may be paused. Some officials said they may accelerate cuts if the economy or labor market weakens.
Exchange Stablecoin Net Outflows Hit 6-Month High in November
On November 27, IntoTheBlock data showed exchange stablecoin net outflows hit their highest level since April. This trend, along with the recent strength in the crypto market, suggests traders are shifting to sell and lock in profits.
Tether to Discontinue Support for EUR₮, Holders Can Redeem Before November 27, 2025
Tether announced it will discontinue support for EUR₮ and cease new issuance requests after 2022. Holders must redeem their EUR₮ by November 27, 2025. This decision was driven by the evolving stablecoin regulatory framework in Europe, prompting Tether to focus its core business in other areas.
79.5% of Projects Plan to Increase Hiring by 2025
A survey of 44 early-stage projects by CoinFund found that 79.5% plan to expand hiring by 2025, with 40% expecting their team size to grow by at least 50%. Additionally, 77.2% anticipate breakthrough applications by 2025, particularly in gaming, global payments, and DeFi.
Stablecoins Account for Only 0.2% of Global E-commerce Transactions, Non-USD Stablecoins Remain Scarce
A report by Quinlan & Associates and IDA highlighted stablecoins' cost-effectiveness, transparency, and fast processing, but noted they only account for 0.2% of global e-commerce transactions. The lack of non-USD stablecoin projects limits their broader adoption in global markets.
Bitcoin NFT Monthly Sales Surge Over 80%
CryptoSlam data shows that Bitcoin market Non-Fungible Token sales surged 80% in 30 days, with total sales exceeding $167 million.Disclaimer: The information provided in this section is for reference only and does not constitute any investment advice or official view of FameEX.
