Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain
On Thursday, the stablecoin issuer Circle Financial introduced that the euro-pegged crypto asset EUROC is increasing natively on the Avalanche (AVAX) blockchain. According to Circle,...
Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions
Four stablecoins have lowered their provides this month, whereas the stablecoin token TrueUSD (TUSD) has seen its provide soar 110% greater during the last 30...
Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain
According to the token protocol startup Noble, the second-largest stablecoin, USDC, might be built-in into the Cosmos blockchain, as the corporate has partnered with Circle...
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
During the previous 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with a lot of the redemptions occurring following the depegging...
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’
On Saturday, March 11, 2023, Circle Financial up to date the general public about its stablecoin, USDC, and famous that the stablecoin’s liquidity operations will...
Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet
On March 7, onchain observers seen that Vitalik Buterin, the co-founder of Ethereum, had allegedly offered billions and trillions of airdropped ERC20 tokens, leading to...
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
It has been 21 days since Paxos revealed that it could now not mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have...
Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn
Nine years and 9 months in the past, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency property, and bitcoin’s general valuation was $1.24 billion, with...
Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships
On Friday, the cryptocurrency agency and stablecoin issuer Circle introduced that the monetary establishment Citizens Trust Bank will maintain $65 million in usd coin money...
Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments
While the stablecoin market has seen vital redemptions up to now three months, the provision of tether, the biggest stablecoin by market capitalization, has elevated...