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

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

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. Under den senaste 30 dagar, BUSD’s token

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. 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 Billion BUSD Stablecoins Have Been Removed From the Market in 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

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

I dag’s top ten crypto assets make up a large portion of the crypto economys 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 Miljarder 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 miljarder i värde. Dessutom, mer än $3 billion has been erased from the stablecoin economy during the last 23

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 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

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

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

Medan Bitcoin och Ethereums dominans glider, Stablecoins börsvärden skördar frukterna

Under det förflutna 30 dagar, $285 miljarder har lämnat kryptoekonomin och bitcoin’s USD-värde träffade a 2022 låg kl $17,593 per enhet i juni 18. Dessutom, förra månaden’s statistik visar bitcoin’s marknadsdominans var 2.9% högre och ethereum’s market

Stablecoin-marknaden närmar sig 15% av hela kryptoekonomins marknadsvärdering

För ungefär två månader sedan i april 11, stablecoin-ekonomin värderades till $190 miljarder och närmade sig att överträffa $200 miljarder i värde. i alla fall, efter Terra stablecoin-nedfallet, den fiat-peggade tokenekonomin förlorade $16.31 billion in value since