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 miljardit, marking the lowest number of BUSD in circulation since April 2021. Lisaks, data indicates

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

Esmaspäeval, 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 suurendab USDC osalust, kuna BUSD turukapital langeb

Kaheksa päeva tagasi, Paxos teatas, et ettevõte ei vermi enam stabiilset münti BUSD. Sellest ajast, the coins market capitalization has been sliding lower as redemptions have become more prominent. Vahepeal, Nanseni andmeuurija on avastanud, et Binance,…

Peaaegu 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Päevad

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. Praegu, Binance is the most active exchange trading BUSD tokens, and the stablecoin still

Coinbase CEO Urges Congress to Pass Clear Crypto Legislation — Warns America Risks Losing Financial Hub Status

Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “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, the supply of tether, 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-Fried’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 pakkumine hüppab lähedale 130% Kõrgemal sisse 30 Päevad

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% viimase ajal 30 päevadel. GUSD Sees

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% sisse 2 Kuud

In mid-August, või 68 päeva tagasi, 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 miljardit. BUSD’s growth comes at a time when the market valuations of the top

Mastercard Focusing on 5 Key Areas to Turn Crypto Into ‘an Everyday Way to Pay’

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