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

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Viimase üle 30 päevadel, BUSD’s token

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

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

Täna’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 Miljard sisse 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 miljardi väärtuses. enamgi veel, rohkem kui $3 billion has been erased from the stablecoin economy during the last 23

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

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

Septembril 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy

While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards

During the past 30 päevadel, $285 billion has left the crypto economy and bitcoins USD value hit a 2022 low at $17,593 per unit on June 18. enamgi veel, Eelmine kuu’s statistics show bitcoins market dominance was 2.9% higher and ethereums market