Stablecoin

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

durch

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…

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

durch

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…

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

durch

Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged…

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

durch

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…

In-Chat Tether Transfers Introduced in Telegram

durch

Users of the Telegram messenger will now be able to send each other the leading stablecoin, Halteseil (usdt), directly in the chats. The new option expands the list of cryptocurrencies available for purchase, sale, and trade in the messaging app. Halteseil…

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

durch

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

durch

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…

FTX-Schuldner berichten in ihrer jüngsten Präsentation von einem Defizit von 8,9 Milliarden US-Dollar an Kundengeldern und „stark vermischten“ Vermögenswerten

durch

Im März 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in…

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

durch

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

durch

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,…