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

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

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

Dobrodošli v Latam Insights, zbirko najpomembnejših novic o kripto in gospodarskem razvoju iz Latinske Amerike v zadnjem tednu. V tej številki: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin

Tether prenosi v klepetu so predstavljeni v Telegramu

Uporabniki sporočila Telegram si bodo zdaj lahko pošiljali vodilni stablecoin, privez (dolar), neposredno v klepetih. Nova možnost razširi seznam kriptovalut, ki so na voljo za nakup, prodaja, in trgovajte z aplikacijo za sporočanje. Tether…

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

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

marca 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchanges shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the companys total assets were found in

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

V petek, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the

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

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