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

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

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

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

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 marca 12, 2023, pri 7:20 popoldne. vzhodni čas. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Zvezna korporacija za zavarovanje depozitov (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts

‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to asEthereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an

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 milijarde v vrednosti. Poleg tega, more than $3 billion has been erased from the stablecoin economy during the last 23

Nihajoča cena USDT spodbuja špekulacije, povezane z rezervami Alameda, Tether zamrzne 46 Milijon žetonov

Ob četrtkovih tržnih nihanjih, podatki kažejo, da je stablecoin tether začasno dosegel najnižjo vrednost $0.961 na enoto. Tether’Tržna nihanja so vplivala na decentralizirane finance (defi) krivulja protokola’s 3 bazenom, ker je v četrtek zjutraj sklad stablecoin postal neuravnotežen. Nadalje,…

Stablecoin GUSD’s Supply Jumps Close to 130% Višje v 30 Dnevi

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% med zadnjim 30 dnevi. GUSD Sees

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% v 2 meseci

In mid-August, oz 68 pred dnevi, 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 milijarde. BUSD’s growth comes at a time when the market valuations of the top

Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets

V torek, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWFs goal is to increaseinteroperability for a wide range of wallet use cases”…