Bloomberg Terminal integrates on-chain stablecoin data

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Bloomberg's Terminal now provides hourly on-chain data for stablecoins, leveraging its Allium platform. This integration aims to offer financial professionals a comprehensive view of stablecoin market dynamics and support decision-making in cryptocurrency markets.

Key facts

• Bloomberg's Terminal has integrated on-chain stablecoin data.
• The new feature is powered by Bloomberg's Allium platform.
• Terminal users receive hourly updates on stablecoin metrics such as supply, issuance, and transfers.
• The integration provides insights across multiple blockchain networks.
• The goal is to offer financial professionals enhanced data access for analysis and decision-making.