Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base
Coinbase plans to transition extra buyer and company Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for lowered charges and...
USDC Stablecoin Temporarily Depegs to $0.76 on Binance Amid Market Turbulence
Circle’s USDC, usually pegged to the greenback, skilled sudden volatility on Binance, dipping as little as $0.76 amidst a market rattled by Bitcoin ETF skepticism...
Stablecoin Economy Sheds Another $3 Billion in 44 Days
The stablecoin financial system continues to deplete as greater than $3 billion has been erased from the stablecoin market ecosystem during the last 44 days....
The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg
2022 has been an attention-grabbing 12 months for stablecoin property because the market capitalization of all the stablecoin economic system misplaced simply over $28 billion...
2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse
2022 is coming to an finish and over the last 12 months, the crypto economic system has misplaced roughly $1.486 trillion in worth in opposition...
Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital
The Tron-based stablecoin USDD has as soon as once more dropped beneath the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022....
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
Coinbase, one of many largest cryptocurrency corporations within the trade, has printed a weblog put up that tells customers to “change to the trusted and...
Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months
In mid-August, or 68 days in the past, the market capitalization of the stablecoin BUSD was roughly $17.7 billion and since then, its grown 22.88%...
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...
Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped decrease than the $1 parity and slipped to a low of...