Binance-konverterar $1 Miljarder BUSD till Bitcoin, BNB, och Ethereum

På måndag, 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

"Fiat är bräcklig" - Silicon Valley Banks kollaps ger fingerpekande och oro för smitta

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

Binance ökar USDC-innehav när BUSD:s börsvärde sjunker

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

Nästan 3 Miljarder BUSD Stablecoins har tagits bort från marknaden i 6 dagar

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. För närvarande, Binance is the most active exchange trading BUSD tokens, and the stablecoin still

Stablecoin-marknaden ser att utbudet ökar för Tether när konkurrenterna minskar i ljuset av den senaste lagstiftningsutvecklingen

While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins

Skakigt USDT-pris väcker spekulationer knutna till Alameda-reserver, Tether fryser 46 Miljoner tokens

Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per enhet. Tjudra’s market fluctuations have affected the decentralized finance (defi) protocol Curves 3pool, as the stablecoin pool has become unbalanced Thursday morning. vidare,…

Stablecoin GUSDs utbud hoppar nära 130% Högre in 30 dagar

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% under den sista 30 dagar. GUSD Sees

Binance och Paxos-stödda Stablecoin BUSDs börsvärde stiger 22% i 2 månader

I mitten av augusti, eller 68 dagar sedan, 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 miljard. BUSD’s growth comes at a time when the market valuations of the top

Stablecoin-ekonomin fortsätter att deflatera - USDC:s börsvärde $6.7 Miljarder in 83 dagar

Just over two months or approximately 83 dagar sedan, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market

Cirkel VD, Paxos, och Trueusd Tala om Binances beslut om automatisk konvertering av Stablecoin

I september 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