Browsing Tag
Stablecoin
1140 posts
BUSD reserves crumble amid Binance regulatory saga
The cryptocurrency markets have recently been shaken by another major regulatory push against Binance that sent ripples to…
45% of stablecoin balance has left crypto exchanges in 4 months, but where has all the money gone? – A Deep Dive
Key Takeaways $23.6 billion of stablecoins are currently on exchanges, the least since October 2021 45% of stablecoins…
Stablecoin supply on cryptocurrency exchanges down 50% in 4 months
Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b…
MakerDAO votes to keep USDC as primary collateral, rejects ‘diversification’ plan
The passed measure ends the 1% USDC-to-DAI minting fee that was previously implemented.
Mastercard and Stables introduce first APAC stablecoin-only wallet
Stables, an Australian cryptocurrency wallet, has launched an innovative partnership with Mastercard to provide the first stablecoin-only wallet…
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to…
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of…
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the…
Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?
Bitcoin recovers from the USDC’s depeg from the U.S. dollar.
