Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

El viernes, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the

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

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

Los despidos de Huobi generan controversia y especulación, Justin Sun afirma que todo está bien

El intercambio de criptomonedas Huobi está despidiendo 20% de sus empleados, según múltiples informes en los últimos dos días. Sin embargo, Huobi’asesor de Justin Sun, el fundador de tron, told the South China Morning Post that the layoff reports were untrue….

BTC, ETH, ADA, BNB Ranked the Most Watched Crypto Assets in 2022

Este Dia’s top ten crypto assets make up a large portion of the crypto economys current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites

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

UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War

The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (desplazados internos) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures

Bitso Partners With Felix Pago to Offer Whatsapp-Based Remittance Services Between Mexico and US

Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to put nearly instant chat-based remittances in the hands of Mexican and US users that might

Don’t Forget the Importance of Censorship Resistance

Since people are once again talking about self-custody as one of cryptos unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer feature. yo’metro…