Category: Dollar-Pegged
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Stablecoin Economy Sheds Another $3 Billion in 44 Days
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The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg
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USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
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Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
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USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months
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Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion
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Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro
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USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020, tether is still a behemoth capturing 76.15% […]
The post USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years appeared first on Bitcoin News.
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Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized stablecoin.” The stablecoin tether (USDT) is the most popular dollar-pegged token […]
The post Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency appeared first on Bitcoin News.
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