Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
Over three billion in worth was erased from the stablecoin economic system in the course of the previous 30 days. The pattern occurred regardless of...
Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam
According to Chainalysis, a crypto auditing and blockchain monitoring agency, using dollar-pegged stablecoins is rising in Latam, particularly in Argentina and Venezuela, because of the...
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
19 days in the past, usd coin (USDC), the second largest stablecoin by market capitalization, had an total valuation of round $48.82 billion and since...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
On Thursday, on the Converge22 occasion in San Francisco, Circle introduced the acquisition of the cost orchestration firm Elements. Circle defined that the acquisition consists...
Robinhood and Circle Partner to Let Exchange and Wallet Users Utilize the Stablecoin USDC
After Robinhood Markets launched the corporate’s beta Web3 pockets on Tuesday and listed the stablecoin usd coin on the change platform Robinhood Crypto final week,...
Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
Just over two months or roughly 83 days in the past, the stablecoin usd coin (USDC) had a market valuation of round $55.52 billion and...
Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations
While the crypto neighborhood remains to be speaking in regards to the U.S. authorities banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether...
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper
This week, the stablecoin issuer Tether Holdings Limited revealed an replace to its assurance and attestation course of and detailed that the corporate has been...
OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M
On August 8, the ethereum mixing service Tornado Cash, and all of the crypto addresses related to the platform, had been formally banned by the...
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
On August 2, the Atlanta-based crypto cost companies supplier Bitpay introduced that it has expanded its crypto asset help with two totally different crypto belongings....