Search Results for: BUSD redemptions

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 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…

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…