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3232Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
https://www.digit.info/tether-stablecoin-sees-22-growth-in-2023-despite-dollar-pegged-token-economys-contraction/
Mon, 17 Apr 2023 19:30:06 +0000https://www.digit.info/2023/04/17/tether-stablecoin-sees-22-growth-in-2023-despite-dollar-pegged-token-economys-contraction/Read more]]>Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year ago, in May 2022. Tether Supply Is […]
]]>With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
https://www.digit.info/with-close-to-10-billion-stablecoins-redeemed-busds-supply-drops-to-lowest-level-since-april-2021/
Sun, 16 Apr 2023 14:30:25 +0000https://www.digit.info/2023/04/16/with-close-to-10-billion-stablecoins-redeemed-busds-supply-drops-to-lowest-level-since-april-2021/Read more]]>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 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days. […]
]]>Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments
https://www.digit.info/stablecoin-market-sees-supply-increase-for-tether-as-competitors-decline-in-light-of-recent-regulatory-developments/
Tue, 14 Feb 2023 14:00:51 +0000https://www.digit.info/2023/02/14/stablecoin-market-sees-supply-increase-for-tether-as-competitors-decline-in-light-of-recent-regulatory-developments/Read more]]>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 by market valuation that has seen a supply increase in the past three months. […]
]]>BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
https://www.digit.info/busd-sees-5-billion-reduction-in-supply-in-24-days-relationship-with-turkish-lira-continues/
Fri, 06 Jan 2023 15:00:08 +0000https://www.digit.info/2023/01/06/busd-sees-5-billion-reduction-in-supply-in-24-days-relationship-with-turkish-lira-continues/Read more]]>According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level of $16.77 billion. Stablecoin […]
]]>Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
https://www.digit.info/stablecoin-busds-supply-shrunk-by-3-24-billion-in-3-days-market-cap-is-down-20-since-last-month/
Fri, 16 Dec 2022 20:30:03 +0000https://www.digit.info/2022/12/16/stablecoin-busds-supply-shrunk-by-3-24-billion-in-3-days-market-cap-is-down-20-since-last-month/Read more]]>While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month, statistics show that 14.77% of the reduction took place […]
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year ago, in May 2022. Tether Supply Is […]
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 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days. […]
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 by market valuation that has seen a supply increase in the past three months. […]
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level of $16.77 billion. Stablecoin […]
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month, statistics show that 14.77% of the reduction took place […]