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3232Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months
https://www.digit.info/stablecoin-economy-continues-to-shrink-shedding-close-to-5-in-2-months/
Mon, 28 Nov 2022 15:00:22 +0000https://www.digit.info/2022/11/28/stablecoin-economy-continues-to-shrink-shedding-close-to-5-in-2-months/Read more]]>During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its market cap lose more than 5% during the last 30 days. Tether’s market cap slipped from […]
]]>Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
https://www.digit.info/stablecoin-blues-3-billion-erased-from-the-dollar-pegged-token-economy-husd-depegs-usdc-supply-drops-10/
Wed, 02 Nov 2022 23:40:52 +0000https://www.digit.info/2022/11/02/stablecoin-blues-3-billion-erased-from-the-dollar-pegged-token-economy-husd-depegs-usdc-supply-drops-10/Read more]]>Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen to $69.36 billion since then. Circle’s usd coin, on the […]
]]>Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra
https://www.digit.info/following-the-great-ust-collapse-a-defi-project-plans-to-launch-a-soft-pegged-stablecoin-built-on-terra/
Tue, 01 Nov 2022 16:30:59 +0000https://www.digit.info/2022/11/01/following-the-great-ust-collapse-a-defi-project-plans-to-launch-a-soft-pegged-stablecoin-built-on-terra/Read more]]>Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed a “soft-pegged stablecoin” built on Terra. Terra Blockchain Ecosystem to See a […]
During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its market cap lose more than 5% during the last 30 days. Tether’s market cap slipped from […]
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen to $69.36 billion since then. Circle’s usd coin, on the […]
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed a “soft-pegged stablecoin” built on Terra. Terra Blockchain Ecosystem to See a […]