AMINA Bank Offers Benefits for Stablecoin Users
Swiss-based AMINA Bank (formerly known as SEBA Bank) has eliminated custody fees for holders of USD Coin (USDC) in an effort to attract more stablecoin users. This initiative includes free custody services for both hot and cold wallets and offers quarterly rewards along with asset protection, as stated in the bank’s press release.
Expanding the Offering to EURC
In addition to removing USDC fees, AMINA Bank plans to include EURC, Circle’s euro-backed stablecoin, in its program in the near future.
Clients holding USDC will receive quarterly rewards, directly paid by the bank.This offering comes with no additional costs, making stablecoins more appealing to users.
Myles Harrison, Chief Product Officer at AMINA Bank, emphasized the bank’s commitment to supporting the crypto industry:
“As one of the first regulated banks to offer free USDC custody with rewards for holdings in both hot and cold wallets, AMINA Bank solidifies its commitment to fostering stablecoin growth and adoption.”
Stablecoins Gaining Momentum
Experts believe that 2025 will be a pivotal year for stablecoins. Their use is expected to shift from trading to real-world applications, such as instant payments.
In a post on January 1 on the X platform (formerly Twitter), Haseeb Qureshi, Managing Partner at Dragonfly Capital, predicted significant growth for stablecoins.
Regulatory Clarity: Qureshi suggested that the US could introduce bank-issued stablecoins by the end of the year, thanks to clearer regulations.Dominance of Established Players: He also expects that current issuers like Tether will maintain their market dominance, particularly with the support of key figures like Howard Lutnick, a potential Secretary of Commerce.
Conclusion
With this move, AMINA Bank positions itself as a pioneer in stablecoin support, potentially inspiring other financial institutions to follow suit. This initiative highlights the growing importance of stablecoins in the cryptocurrency ecosystem and their potential to become a mainstream component of the financial world.

#USDC , #Swissbank , #CryptoNewss , #EURC , #Stablecoins

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Between January 1 and January 17, 2025, Bitcoin (BTC) exhibited notable price fluctuations and trading volume variations, influenced by macroeconomic factors and investor sentiment.
$BTC
Price Analysis:
On January 1, 2025, BTC opened at $93,425.10, reaching a high of $94,929.86 and closing at $94,419.76. The cryptocurrency experienced a significant surge on January 6, peaking at $102,482.87 and closing at $102,078.09, marking its highest point in this period. However, by January 9, BTC's price declined to a low of $91,220.84, closing at $92,484.04. As of January 17, 2025, BTC is trading at $101,757.00, reflecting a 1.95% increase from the previous close.
$BTC
Trading Volume Analysis:
Trading volumes during this period mirrored price movements. On January 1, the volume was approximately $24.5 billion. The highest volume was recorded on January 6, with $51.8 billion, coinciding with the price peak. Volumes then tapered off, with January 11 seeing around $18.8 billion. Analysts suggest that for BTC to sustain a rally above $105,000, an increase in trading volume is essential.

Influencing Factors:
Several factors have influenced BTC's performance:
Macroeconomic Indicators: Lower-than-expected U.S. core inflation data has fueled optimism among investors, increasing the likelihood of the Federal Reserve cutting interest rates, which is typically favorable for cryptocurrencies.
Regulatory Environment: Anticipation of favorable cryptocurrency policies under President-elect Donald Trump's administration, including the potential establishment of a national Bitcoin reserve, has bolstered investor confidence.
Market Dynamics: Despite a dip below $100,000, on-chain metrics such as the MVRV Z-score and net unrealized profit and loss suggest that Bitcoin has not reached a cycle peak, indicating potential for further growth.

$BTC
Outlook:
Analysts project that Bitcoin could reach a cycle peak of $212,500 by January 17, 2025, based on historical patterns and current market conditions. However, sustaining a rally above $105,000 will require increased trading volume to support upward momentum.

#BTC
#BTCBackto100K
#Stablecoins

In a significant move, the $USDC Treasury has destroyed approximately 50 million USDC tokens on the Ethereum blockchain. According to Whale Alert and reported by PANews, this event took place today at 21:39 UTC+8, signaling a major adjustment in the circulating supply of the stablecoin.
What is a Token Burn?
A token burn refers to the permanent removal of tokens from circulation, typically done by sending them to an irrecoverable wallet address. This mechanism is often used to manage supply, maintain price stability, or address excess liquidity in the market.
Effects of Burning 50 Million $USDC
Reduced Circulating Supply
The removal of 50 million USDC decreases its total supply, potentially increasing scarcity if demand remains constant. This could provide price stability and enhance confidence in the token's backing.Enhanced Peg Stability
Stablecoins like USDC aim to maintain a 1:1 peg with the U.S. dollar. Token burns can help restore balance when the supply exceeds market demand, ensuring the peg remains intact.Market Liquidity Adjustment
By burning tokens, the USDC Treasury may be responding to excess liquidity or decreased demand in the market, which could help avoid oversupply issues.Impact on DeFi Ecosystem
USDC is widely used in the DeFi space for lending, borrowing, and trading. A reduced supply could slightly impact liquidity pools or borrowing rates but is unlikely to cause major disruptions unless similar burns occur frequently.Signal of Active Management
This burn demonstrates that Circle (the issuer of USDC) is actively managing the token's supply to maintain its utility and trust in the market.
Why Does This Matter?
As one of the leading stablecoins, USDC plays a critical role in the crypto ecosystem. Moves like this burn are closely watched as they reflect the issuer's commitment to maintaining its value and utility in the market.
What’s Next?
While this burn may not lead to immediate market shifts, it reinforces the active supply management strategies of stablecoin issuers. Traders, investors, and DeFi participants will likely keep an eye on further developments to gauge their long-term effects on the ecosystem.
What do you think about this token burn? Share your thoughts! 💬
#Ethereum #USDCBurn #Stablecoins #CryptoNews #BlockchainUpdate 🪙📈
$USDC

In the ever-evolving world of cryptocurrency, stablecoins have emerged as a popular investment option for both new and seasoned investors. Unlike other cryptocurrencies, which can experience dramatic price fluctuations, stablecoins are designed to maintain a consistent value, making them a safer and more predictable choice. If you're looking for a way to earn passive income with minimal risk, stablecoins might be the perfect option for you.

What Are Stablecoins?

Stablecoins are a type of cryptocurrency designed to have a stable value, often pegged to a reserve asset such as the US dollar, euro, or even commodities like gold. This stability is achieved through different mechanisms, such as:

Fiat-Collateralized Stablecoins: Backed by a reserve of fiat currency (e.g., 1 USDT is backed by 1 USD).Crypto-Collateralized Stablecoins: Backed by other cryptocurrencies but over-collateralized to account for price volatility.Algorithmic Stablecoins: Maintain stability through supply adjustments and market incentives without direct collateral.

Popular examples of stablecoins include USD Tether (USDT), USD Coin (USDC), and Euro Coin (EURI). Their stable nature makes them an attractive option for investors who want to avoid the high volatility associated with other cryptocurrencies like Bitcoin and Ethereum.

Why Are Stablecoins Safer Investments?

One of the biggest concerns in the cryptocurrency market is volatility. Prices of traditional cryptocurrencies can fluctuate wildly, sometimes within minutes, which poses significant risks to investors. Stablecoins address this issue by offering price stability, making them ideal for:

Preserving Value: Unlike volatile assets, stablecoins maintain their purchasing power over time.Predictable Returns: Their stable value makes it easier to calculate returns when using them for investment or passive income strategies.Reduced Risk: Since their value is pegged to stable assets, the risk of significant price drops is minimized.

For these reasons, stablecoins are increasingly being used not just as a medium of exchange but also as a store of value and an investment tool.

Earning Passive Income with Stablecoins on Binance

Binance, one of the world’s leading cryptocurrency exchanges, offers a variety of ways to earn passive income using stablecoins. Here’s a step-by-step guide to get you started:

Buy Stablecoins on Binance
To begin, you need to acquire stablecoins such as USDT, USDC, or EURI. Binance makes this process simple through its “Buy Crypto” page, where you can purchase stablecoins using fiat currencies or other cryptocurrencies. Once you’ve bought your stablecoins, you’re ready to start earning.

Use Binance Earn
Binance Earn is an all-in-one platform that allows users to grow their cryptocurrency holdings through various financial products. Here are a few ways you can use Binance Earn with stablecoins:
Flexible Savings: Deposit your stablecoins into a flexible savings account to earn daily interest. You can withdraw your funds at any time, giving you both flexibility and liquidity.Locked Savings: Earn higher interest rates by locking your stablecoins for a fixed period, such as 7, 30, or 90 days.Staking: Some stablecoins offer staking options where you can earn additional rewards by participating in network validation.Liquidity Pools: Provide liquidity to Binance’s decentralized finance (DeFi) ecosystem and earn trading fees and rewards in return.

Recurring Buy with Dollar Cost Averaging (DCA)
For investors looking to build their stablecoin portfolio over time, Binance’s Recurring Buy feature is an excellent option. This tool allows you to set up automatic purchases of stablecoins at regular intervals, such as weekly or monthly. By using the Dollar Cost Averaging (DCA) strategy, you can mitigate the impact of market fluctuations and steadily grow your holdings.

Compound Interest
One of the key benefits of using Binance Earn is the ability to earn compound interest. When you reinvest the interest earned from your stablecoins, your earnings start to generate additional interest, creating a snowball effect. Over time, this compounding can significantly boost your passive income.

Benefits of Earning with Stablecoins on Binance

Earning passive income with stablecoins on Binance offers several advantages:

Low Risk: The stability of stablecoins reduces the risk of losing value due to market volatility.Diverse Options: Binance Earn provides multiple ways to grow your holdings, catering to different risk tolerances and investment strategies.Ease of Use: Binance’s user-friendly interface and automated tools like Recurring Buy make it easy for beginners to get started.Transparency: Binance offers detailed performance metrics and updates, giving you full visibility into your earnings.

Stablecoins are revolutionizing the way investors approach cryptocurrency by offering a stable, low-risk alternative to traditional crypto assets. With Binance’s extensive suite of products, earning passive income with stablecoins has never been easier. Whether you’re a seasoned investor or just starting your journey, tools like Binance Earn and Recurring Buy can help you grow your portfolio steadily and securely.

Risk Disclaimer: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions.

#Stablecoins #BTC #USDT #fdusd

While cryptocurrencies like Bitcoin and Ethereum are known for their volatility, stablecoins offer something different—stability. Pegged to traditional assets like the US Dollar, stablecoins act as a reliable link between fiat and crypto. Let’s explore why they matter and which options are available:
What Are Stablecoins?
Stablecoins are digital currencies designed to maintain a stable value by being backed by assets such as fiat currencies, commodities, or algorithms. Examples include:
USDT (Tether): The most widely used stablecoin, backed by a mix of reserves.$USDC (USD Coin): Known for its transparency and regular audits.$FDUSD (First Digital USD): A rising stablecoin gaining traction as an alternative to BUSD.
Why Stablecoins Are Important
Reduced Volatility: Stablecoins maintain their value, making them perfect for storing funds or transacting.Cross-Border Transactions: Enable fast, low-cost international transfers without relying on banks.Gateway to DeFi: Widely used in decentralized finance for lending, borrowing, and staking.Trading Pairs: Traders use stablecoins to hedge against market volatility and move funds between exchanges easily.
Adapting to Changes
As Binance phased out BUSD, traders and users can explore other stablecoins like USDT, USDC, or FDUSD. These alternatives provide similar benefits, ensuring seamless transitions for users in the crypto ecosystem.
Do you use stablecoins for transactions, trading, or saving?

#HODLStrategy
#Stablecoins