Tag: Stablecoin
DAI Overtakes BUSD and Becomes 3rd Largest Stablecoin in Market
Reading time: < 1 minuteBUSD capitalization had fallen to $4.35 billion, dropping the stablecoin to third place in the ranking, after DAI ($4.39 billion).
USDT’s Market Share Exceeds USDC’s Due to Growing Economic Uncertainty
Reading time: < 1 minuteOver the past year, the market share of USD Coin (USDC) has decreased from 34.9% to 23.1%, while Tether (USDT) has increased from 47% to 65.9%.
USDC Issuer Circle Introduces an Euro-backed Stablecoin on Avalanche’s Network
Reading time: < 1 minuteCircle’s Euro Coin stablecoin is now available on the Avalanche network, making it the second blockchain to support the asset since its launch on Ethereum last year.
Strike Enables Tether Operations
Reading time: < 1 minuteStrike, a popular Bitcoin payment app, has announced the launch of transactions with the stablecoin Tether (USDT) at the Bitcoin 2023 conference in Miami.
Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network
Reading time: 3 minutesRenton, United States, May 25th, 2023, Chainwire Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the
Justin Sun Plans to Trade Meme-tokens
Reading time: < 1 minuteJustin Sun, founder of Tron, has recently announced on Twitter that he will be “actively trading” meme-cryptocurrencies through his public wallet.
Curve Finance Will Redeploy its Stablecoin Due to an Integration Error
Reading time: < 1 minuteThe Curve Finance team has announced the need to redeploy their crvUSD decentralized stablecoin on the Ethereum mainnet.
Curve Finance Releases the Stablecoin crvUSD on its Mainnet
Reading time: < 1 minuteThe developers of decentralized exchange Curve Finance have deployed smart contracts for their decentralized stablecoin crvUSD on the mainnet.
Stellar CEO Calls for Regulation of Stablecoins
Reading time: < 1 minuteIf stablecoins are not regulated in the US this year, the US dollar may be adversely affected, according to Stellar CEO Denelle Dixon.
BUSD Market Cap Decreases by More Than $500M
Reading time: < 1 minuteCryptoQuant has tracked an outflow of over $800 million of BUSD from exchange wallets on Binance in the last 30 days, plus an additional $500 million over the past 24 hours.
