Search Results for: BUSD stablecoin

Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions

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Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, privez, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 milijarde, tether is a mere $433…

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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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 milijarde, marking the lowest number of BUSD in circulation since April 2021. Nadalje, data indicates…

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

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V ponedeljek, CEO Binance 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

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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. Nad zadnjim 30 dnevi, BUSD’s žeton…

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

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Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Od takrat, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. medtem, a data researcher from Nansen has discovered that Binance,…

Skoraj 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Dnevi

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

Izvršni direktor Coinbase poziva kongres, naj sprejme jasno zakonodajo o kriptovalutah – Ameriko opozarja, da tvega izgubo statusa finančnega središča

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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…

Trg stabilnih coinov opaža povečanje ponudbe za Tether, ko konkurenti upadajo zaradi nedavnega regulativnega razvoja

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Medtem ko je trg stabilnih kovancev v zadnjih treh mesecih doživel znatne odkupe, dobava privezi, največji stablecoin po tržni kapitalizaciji, se je povečalo za 2.46 milijard od sredine novembra 2022. Tether je edini izmed petih najboljših stabilnih kovancev…

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

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Danes’s top ten crypto assets make up a large portion of the crypto economy’s 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

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2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 milijarde v vrednosti. Poleg tega, more than $3 billion has been erased from the stablecoin economy during the last 23…