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With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 Milliarde, marking the lowest number of BUSD in circulation since April 2021. Außerdem, data indicates…

Fast 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Tage

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Vor sechs Tagen, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Zur Zeit, Binance is the most active exchange trading BUSD tokens, and the stablecoin still…

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

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While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins…

‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

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At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an…

The Stablecoin Economy Shed $28 Milliarden rein 2022 After a Handful of Tokens Lost Their $1 Peg

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2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Darüber hinaus, mehr als $3 billion has been erased from the stablecoin economy during the last 23…

FTT-Unterbrechungen $1 Unterstützung zum ersten Mal seit dem Zusammenbruch von FTX, Token kämpft mit schwindendem Handelsvolumen

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Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained…

Stablecoin GUSD’s Supply Jumps Close to 130% Höher drin 30 Tage

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While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% during the last 30 Tage. GUSD Sees…

Ripple- und Peersyst-Entwickler treiben XRP mit der ersten Phase einer EVM-Sidechain in Richtung Ethereum-Kompatibilität

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Laut einer Ankündigung von Ripple’s Kernentwicklungsteam Ripplex, Entwickler haben den ersten Schritt in Richtung Ethereum Virtual Machine eingeleitet (EVM) Kompatibilität mit der XRP-basierten Sidechain XRPL. Die XRPL ist jetzt live auf Devnet und Entwickler können dies tun “Beurteilung verfügbarer Technologien,” neben…

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Milliarden rein 83 Tage

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Just over two months or approximately 83 Vor Tagen, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market…

Südafrikanische Kryptowährungs-Eigentumsrate bei 10% - Bericht

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Mit einer Kryptowährungs-Besitzquote von 10%, oder vier Millionen Menschen, Südafrika “Platz 18 von 26 Länder für die Einführung von Krypto,” der neueste Finder’s Bericht hat gesagt. Der Bericht stellte auch fest, dass Südafrika’s Anteil der Kryptobesitzer, die Bitcoin halten,…