Browsing Tag
USDC
166 posts
Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged…
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.
Vitalik Buterin’s philanthropic fund donates 15M USDC to UC San Diego
The Airborne Institute will use the generous grant to study the transmission of airborne diseases such as COVID-19.
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the…
Key takeaways from Circle’s $44.5B USDC reserve report
Circle has released its reserve report for December 2022, highlighting overcollateralized asset holdings currently backing 44.5 billion USDC…
Ethereum rallies to $1,350, but derivatives metrics remain neutral to bearish
Pro traders aren’t buying ETH’s recent rally and data shows they expect Ether price to retrace if Fed…
Tether vs. USD Coin on-chain data reveals two very different stablecoins
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.
Total crypto market cap drops to $850B as data suggests further downside
The crypto market managed an 11% bounce from the Nov. 9 low, but a handful of metrics show…
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
“We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves,”…
Stablecoin issuers Circle and Paxos gain approvals in Singapore
The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory…
