Tether

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Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days

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It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease of approximately 4.9% in the same time … Read more

Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High 

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On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s exchange … Read more

Stablecoin Economy Sheds Another $3 Billion in 44 Days

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The 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 … Read more

Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

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Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization. Go to Source Powered by WPeMatico

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