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

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

Los lunes, 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. Desde entonces, the coins market capitalization has been sliding lower as redemptions have become more prominent. Mientras tanto, a data researcher from Nansen has discovered that Binance,…

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

El CEO de Coinbase insta al Congreso a aprobar una legislación criptográfica clara y advierte que Estados Unidos corre el riesgo de perder el estatus de centro financiero

El director ejecutivo de Coinbase, Brian Armstrong, ha pedido al Congreso que apruebe una legislación criptográfica clara, advirtiendo que EE.UU.. corre el riesgo de perder su estatus de centro financiero. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s

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

Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings

According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-frito’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled

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

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% en 2 Meses

In mid-August, o 68 hace días, 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 mil millones. BUSD’s growth comes at a time when the market valuations of the top

Mastercard Centrándose en 5 Áreas clave para convertir las criptomonedas en "una forma cotidiana de pagar"

Mastercard has outlined five key crypto areas it is working on in order toturn cryptocurrencies into an everyday way to pay.A Mastercard executive opined: “Someday soon, the ability to own and spend a digital currency could be as seamless