Stablecoin GUSD’s Supply Jumps Close to 130% Higher in 30 Days
While the stablecoin financial system has seen fluctuations from particular stablecoin tokens both rising the mission’s variety of tokens in circulation or lowering the availability,...
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...
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%...
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...
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero
On October 13, 2022, Tether Holdings Limited introduced that the stablecoin issuer has decreased the corporate’s business paper holdings all the way down to zero....
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...
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...
Wazirx Plans to Delist 3 Stablecoins, Leftover Balances Will Be Auto-Converted to BUSD
The crypto asset change Wazirx is following Binance’s transfer by delisting quite a few stablecoins and mechanically changing them to BUSD at a 1:1 ratio....
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins
According to a not too long ago leaked recording stemming from the bankrupt crypto lender Celsius, the enterprise is making an attempt to revive the...
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
On September 5, Binance defined that it deliberate to drop plenty of usdc buying and selling pairs and auto-convert particular stablecoin balances into busd by...