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

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

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

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

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,…

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

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

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

Circle CEO, Kategorie, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

Im September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy

Der Stablecoin-Emittent Tether friert Tornado-Bargeldadressen nicht ein, Sagt, dass vorzeitiges Einfrieren Untersuchungen gefährden könnte

While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would notfreeze Tornado Cash addresses.” Halteseil’s recently published blog post

Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims

Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% in der Vergangenheit 24 Std. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to

Coinbase und 17 Andere Kryptofirmen bringen „Travel Rule Universal Solution Technology“ auf den Markt

Am Mittwoch, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands forTravel Rule Universal Solution Technology.The plan is described as anindustry-driven solutiondeveloped to comply with the Financial Action Task Force