Warning: Constant WP_MEMORY_LIMIT already defined in /home/digit/public_html/wp-config.php on line 98
Warning: Cannot modify header information - headers already sent by (output started at /home/digit/public_html/wp-config.php:98) in /home/digit/public_html/wp-includes/feed-rss2.php on line 8 Redeemable – DIGIT INFO
https://www.digit.info
Bookmarking Crypto InsightsSun, 19 Feb 2023 23:30:35 +0000en-US
hourly
1 https://wordpress.org/?v=6.9.4https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.pngRedeemable – DIGIT INFO
https://www.digit.info
3232Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
https://www.digit.info/nearly-3-billion-busd-stablecoins-have-been-removed-from-the-market-in-6-days/
Sun, 19 Feb 2023 23:30:35 +0000https://www.digit.info/2023/02/19/nearly-3-billion-busd-stablecoins-have-been-removed-from-the-market-in-6-days/Read more]]>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. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy’s $67.71 billion in global trade volume over […]
]]>BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
https://www.digit.info/busd-redemptions-soar-near-290-million-in-8-hours-after-nydfs-consumer-alert/
Tue, 14 Feb 2023 02:45:02 +0000https://www.digit.info/2023/02/14/busd-redemptions-soar-near-290-million-in-8-hours-after-nydfs-consumer-alert/Read more]]>Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees Increased Redemption Activity During Regulatory Scrutiny The stablecoin BUSD […]
]]>Circle Launches Second Major Stablecoin Backed 1:1 by the Euro
https://www.digit.info/circle-launches-second-major-stablecoin-backed-11-by-the-euro/
Thu, 16 Jun 2022 21:30:33 +0000https://www.digit.info/2022/06/16/circle-launches-second-major-stablecoin-backed-11-by-the-euro/Read more]]>On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle Launches EUROC Circle has announced the […]
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. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy’s $67.71 billion in global trade volume over […]
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees Increased Redemption Activity During Regulatory Scrutiny The stablecoin BUSD […]
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle Launches EUROC Circle has announced the […]