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#BNB Smart Chain stablecoin market share continues to shrink BNB Smart Chain (BSC) grew the least in 2024, with an increase of 9.8%, or $444.5 million. It was the only chain in the top 5 to add less than a billion dollars in stablecoin. During the same period, its market share dropped from 3.5% to 2.9%. Over a broader timeframe, however, BSC saw its stablecoin supply drop -61.0% between May 2022 and September 2024, mostly in the form of Binance USD (BUSD). This represented a fall of $7.8 billion in the wake of Binance being ordered by the New York Department of Financial Services to cease support for the stablecoin. Despite this, the SEC terminated its investigation into the stablecoin in July, though the damage had been done. BUSD now accounts for a small percentage of BSC stablecoins, with USDT making up for the bulk at 79.5%. $BNB
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#Lamborghini brings cars to #Web3 games with Animoca, Motorverse partnership Lamborghini has teamed up with Animoca Brands to launch its first interoperable blockchain-based digital vehicles, bringing the cars to Web3 gaming. The announcement said gamers can buy, sell and drive Lamborghini cars in a range of Motorverse games. These include Torque Drift 2, REVV Racing, the Motorverse Hub and Fast ForWorld’s proprietary experience. Animoca Brands also highlighted that Fast ForWorld’s first version will go live on Nov. 7. The platform will release a 3D wallet that allows users to store items and a way to interact and play with their digital cars.
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#Ava Protocol, Sony’s #Soneium partner for no-code blockchain automation Ava Protocol’s automation tools will simplify smart contracts on Soneium, while supporting developers with no-code solutions and lower costs. The partnership’s intent-based automation will allow creators and developers to monetize and manage their work more efficiently, minimizing complexity and lowering transaction costs, the release said. Soneium is designed to provide high-performance, scalable and secure access to decentralized finance, non-fungible tokens (NFTs) and other creator economies.
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Which Countries Are Most Interested in #RWA Crypto? The country most interested in crypto Real World Assets (RWA) is the US, which accounts for 14.8% of global interest in the narrative in 2024 to date. As a major arena for crypto, the US has previously led interest in other narratives, including small cap tokens and AI crypto. Notably, the most popular RWA protocol among US crypto investors during this period is #Ondo Finance (ONDO), which made up almost half of the country’s interest in RWA crypto. The US has also led interest towards most RWA protocols, for example representing almost a third of global attention in #Goldfinch (GFI) and #Maple (MPL) so far this year.
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