Binance USD (BUSD) Supply Slumped 60% Since SEC Enforcement Action
The supply of Binance USD (BUSD), the third-largest stablecoin, has decreased by 60% since the middle of February, and it is running out.
Blockchain News
Crypto News
An Australian finance company introduces the AUDE stablecoin
The first transaction on Ettle Pty Ltd.'s freshly released AUDE stablecoin, which is tethered to the Australian dollar, has been completed.
Crypto News
Circle, the company behind USDC stablecoin, anticipates slower growth than Binance’s BUSD conversion
The creator of the U.S. dollar-pegged stablecoin USDC, Circle, has stated that increased competition in the stablecoin market is likely to put pressure.
Blockchain News
Wemade says, any stablecoin needs a 100% reserve to function
Henry Chang, CEO of South Korean blockchain game developer Wemade Co. Ltd., said at the Blockchain Week in Busan (BWB2022) event on Thursday.
Bitcoin News
Within the past 30 days, USDC lost 20% of its market capitalization
Since the Tornado Cash affair, Circle’s USDC stablecoin’s market valuation has fallen precipitously. The market capitalization of USD Coin (USDC), which fell from.
Blockchain News
Wemade, South Korea’s MIR4 maker Introduces stablecoin
A blockchain video game developer from South Korea named Wemade Co., Ltd. recently unveiled WEMIX$ as its stablecoin for the company’s expanding blockchain.
Blockchain News
Five additional blockchain ecosystems will soon support USDC
The USD Coin (USDC) stablecoin will soon be available on five additional blockchains, according to Circle Internet Financial, Inc.’s chief product officer Nikhil.
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Know This Different Types Of Cryptocurrencies
The most well-known cryptocurrency and largest in terms of market capitalization is bitcoin. But to lower overall risk, a well-balanced portfolio will contain.
Crypto News
In seven days, the USDC average trading volume increased to an all-time high
According to the cryptocurrency statistics dashboard Glassnode, the amount of stablecoin USD Coin (USDC) supply held by the top 1% of addresses fell.
Crypto News
Is a Stable Coin Era Imminent?
Stable coins will be the solution that would bridge the crypto space closer to adoption in the bear market and set the tone.