Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions

Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, Halteseil, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 Milliarde, tether is a mere $433

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. Dollar. Srinivasan paid a total of $1.5 Million, more than the initially

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. In den letzten 30 Tage, BUSD’s token

Citizens Trust Bank zum Halten $65 Millionen an USDC-Reserven, da Circle Bankpartnerschaften ausbaut

Am Freitag, Das Kryptowährungsunternehmen und Stablecoin-Emittent Circle gab bekannt, dass es das Finanzinstitut Citizens Trust Bank halten wird $65 Millionen US-Dollar-Münzbarreserven. Circle sagte, der Schritt sei Teil des Plans des Unternehmens, Aktien davon zuzuteilen…

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Seit damals, the coins market capitalization has been sliding lower as redemptions have become more prominent. inzwischen, a data researcher from Nansen has discovered that Binance,…

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

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

BTC, ETH, ES GIBT, BNB Ranked the Most Watched Crypto Assets in 2022

Heute’s top ten crypto assets make up a large portion of the crypto economys current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites

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

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

Die Marktkapitalisierung der von Binance und Paxos unterstützten Stablecoin BUSD steigt 22% in 2 Monate

Mitte August, oder 68 Vor Tagen, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’S $21.78 Milliarde. BUSD’s growth comes at a time when the market valuations of the top

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

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