Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June
The market capitalization of the stablecoin economic system on July 2, 2023, has fallen under the $129 billion mark to the present $128.21 billion, in...
Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
Three months have handed since Paxos made the choice to stop the manufacturing of recent BUSD tokens, complying with the directive issued by the New...
Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022
According to statistics, day by day cryptocurrency commerce volumes have dropped considerably throughout Dec. 2022. On Jan. 1, knowledge exhibits that $22.95 billion was traded...
Metrics Show Decentralized Exchange Volumes Continue to Slide This Year
Decentralized change (dex) volumes have been dropping since December 2021 in keeping with present statistics. However, final month dex commerce volumes spiked 2.37% greater than...
Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot
Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its...
Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion
While most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation...