Search Results for: USDC-Stablecoin

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

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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…

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

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According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin…

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

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Exahash, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be…

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

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The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 Im März 12, 2023, bei 7:20 Uhr. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would…

„Fiat ist zerbrechlich“ – Der Zusammenbruch der Silicon Valley Bank löst Schuldzuweisungen und Bedenken hinsichtlich einer Ansteckung aus

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Silicon Valley Bank (SVB) ist in den Mittelpunkt der Aufmerksamkeit gerückt, nachdem sein Zusammenbruch die USA dazu veranlasste,. Federal Deposit Insurance Corporation (FDIC) die Bank am Freitag zu schließen. Es war das größte US-Unternehmen. Bankpleite seitdem 2008, und verschiedene angebliche Katalysatoren…

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

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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

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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

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

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…