Search Results for: Altcoin economy

Por poco 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Días

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Six days ago, 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. Corrientemente, 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, el suministro de atadura, 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. Como 2022 comes to an…

The Stablecoin Economy Shed $28 Billion in 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. Es más, más que $3 billion has been erased from the stablecoin economy during the last 23…

Stablecoin GUSD’s Supply Jumps Close to 130% más alto en 30 Días

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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% durante el último 30 días. GUSD Sees…

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Días

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Just over two months or approximately 83 hace días, 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…

El número de monedas estables vinculadas al euro ha aumentado 1,683% Ya que 2020

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While the stablecoin economy is worth roughly $153 mil millones hoy, euro-backed stablecoin issuance has increased 1,683% de $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 millón. Since November 2021, the number of euro stablecoins swelled by…

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

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Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. Sin embargo, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since…