Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience ReductionsFour stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD stablecoins increased by 218%. TUSD Supply Swells, Tron-Issued Stablecoins […]

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Stablecoin Economy Sheds Another $3 Billion in 44 Days

Stablecoin Economy Sheds Another $3 Billion in 44 DaysThe stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]

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Stablecoin GUSD’s Supply Jumps Close to 130% Higher in 30 Days

Stablecoin GUSD's Supply Jumps Close to 130% Higher in 30 DaysWhile the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% during the last 30 days. GUSD Sees Supply Balloon by Nearly 130% There’s been a number of changes within the stablecoin […]

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Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps

At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled by more than 20% since the […]

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Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy

Regulatory Roundup: Crypto 'Inevitable’ in India, China Rankings, NY Streamlines PolicyIn this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space. Also read: Regulatory Roundup […]

The post Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy appeared first on Bitcoin News.

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NY Regulator Proposes Relaxing New Coin Listing Requirements

NY Regulator Proposes Relaxing New Coin Listing RequirementsThe New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will be able to self-certify the compliance of their new […]

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Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash

Honestnode Founder Discusses the First Stablecoin Built on Bitcoin CashOn June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex. This week news.Bitcoin.com spoke with the founder of Honestnode, Jian […]

The post Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash appeared first on Bitcoin News.

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Circle’s USDC Stablecoin Added to Coinbase

The global cryptocurrency exchange based out of San Francisco, Coinbase, has announced the firm will now support Circle’s USDC stablecoin on its exchange and brokerage service platforms. Coinbase believes that blockchain-based digital dollars like USDC provide many benefits to the cryptocurrency market ecosystem. Also read: Bitpay Announces Stablecoin Support for Merchant Settlement Coinbase and the USDC […]

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Tether Set To Lose More Ground As Huobi Lists Four New Stablecoins

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Tether and controversy have gone hand in hand over the past year, and other stablecoins are capitalizing on it. Huobi has announced that it will list four new stablecoins, just a day after OKEx announced a similar move. The four, all of whom are pegged to the U.S dollar will be available on Huobi from […]

The post Tether Set To Lose More Ground As Huobi Lists Four New Stablecoins appeared first on NullTX.

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