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 mil millones, marking the lowest number of BUSD in circulation since April 2021. Es más, data indicates

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

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

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

At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to asEthereum 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

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

FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume

Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained

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

While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the projects 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

Los desarrolladores de Ripple y Peersyst impulsan XRP hacia la compatibilidad de Ethereum con la primera fase de una cadena lateral EVM

According to an announcement from Ripples core development team Ripplex, developers have introduced the first step toward Ethereum Virtual Machine (EVM) compatibility with the XRP-based sidechain XRPL. The XRPL is now live on Devnet and developers canassess available technologies,” alongside

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

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

Tasa de propiedad de criptomonedas de Sudáfrica en 10% - Reporte

With a cryptocurrency ownership rate of 10%, or four million people, South Africaranks 18th out of 26 countries for crypto adoption,” the latest Finders report has said. The report also noted that South Africas proportion of crypto owners holding bitcoin,…