After a 7-week rally in Might and June that despatched USD Coin’s market capitalization above $56 billion, an all-time excessive, Circle’s stablecoin has now misplaced all the bottom it gained earlier this…
Category: USD Coin
Wirex will help USD Coin (USDC)- The Cryptonomist
Wirex, the digital fee platform, in collaboration with the Stellar Improvement Basis (SDF), introduced that it’ll help USD Coin (USDC) constructed on Stellar’s Blockchain. Wirex provides USDC on Stellar’s Blockchain in its…
The newest updates on USD Coin
USD Coin, Circle’s stablecoin, has fallen from a valuation of about $47.20 billion 30 days in the past to as we speak’s market capitalization of $42.54 billion, because the variety of tokens…
Coinbase CEO says USDC will turn out to be ‘de facto central financial institution digital foreign money,’ firm posts weak Q3 earnings
Crypto Winter has come for one of the crucial established firms within the business. The enormous trade disclosed on Thursday that internet income for the third quarter was down 28% from the…
Tron’s stablecoin USDD loses greenback peg on suspected selloff by Alameda Analysis
In April 2022, the Tron community launched USDD, a token pegged to america greenback as an “over-collateralized stablecoin,” that means its probability of slipping beneath $1 needs to be decrease as a consequence…
Main stablecoins destabilized as market volatility and redemptions surge
Plunging cryptocurrency costs will not be the one consequence of this week’s FTX-induced crypto contagion. Important market volatility this week induced by the collapse of the FTX change has impacted stablecoins with…
FTX collapse adopted by an uptick in stablecoin inflows and DEX exercise
On-chain information from Glassnode present Bitcoin’s (BTC) actions hit a brand new file for the biggest internet decline in mixture BTC balances on exchanges, decreasing by 72,900 BTC in a single week. …
Ankr Hack Of 6 Quadrillion Tokens Seems to be Like Inside Job
Blockchain idea of a clear dice with encryption knowledge code and digital chain. getty The theft of 6 quadrillion cryptocurrency tokens on Friday from Ankr ANKR exhibits indicators of being related to…
3 key crypto value occasions to observe within the wake of the FTX and Alameda debacle
Up till the beginning of this week, Bitcoin (BTC) had been demonstrating record-low volatility, and this gave altcoins sufficient latitude to color some good technical setups. On the similar time, on-chain knowledge…
10 Massive Cash Airdrops Are Coming to Savvy Crypto Merchants, In keeping with Analyst – This is Easy methods to Capitalize
A broadly adopted crypto analyst is bringing consideration to 10 upcoming airdrops and advising buyers on methods to capitalize on them. In a prolonged thread, crypto strategist Miles Deutscher tells his 257,000…