Binance Mints About $130m TUSD, Makes it 5th Largest Stablecoin
Binance has minted $130m worth of Tether USD over the past 7d, which makes it the 5th largest stablecoin, behind USDs Coin, Tether, True, and PAX.
Browsing: Stablecoins
Securities and Exchange Commission Charge Do Kwon With Fraud
The SEC claims that Do Kwon and Terraform Labs are responsible for a multimillion-dollar scam involving the Terra company.
Curve Finance Daily Stablecoin Transactions Totalled $814M
The amount of transactions in Curve’s stablecoin on February 13 was $814 million, the largest daily total since Tether Fud’s release on November 10, 2022.
Report: Paxos’s Own Stablecoin USDP is not Within SEC’s Notice
According to a report by the Wall Street Journal (WSJ), the U.S. SEC is considering filing charges against Paxos’s firm.
MakerDAO Propose DAI Stablecoin Native Liquidity Market
Phoenix Labs launched Spark Lend in the MakerDAO proposal, allowing anybody to lend DAI at the Dai Savings Rate with cross-margin, short positions, and more.
Cryptocurrency Prices to Dip on Decrease of Stablecoins Supply
According to recent reports, if the circulating quantity of stablecoins does not expand further, the crypto market will enter a bear market again.
Stablecoin Depositing Transactions are Decreasing: Metrics
Recent on-chain data indicate that there has been a decrease in the total amount of stablecoin deposits made throughout the market. Read more on CNL.
Stablecoins Lead in Argentina’s Crypto Purchase Race
Stablecoins are now leading the fight to win people’s acceptance of cryptocurrencies in Argentina as reported in a recent memo. Read CNL for more.
Total Crypto Market Cap Tops Over 1 Trillion Dollars
Recent analysis reveals that the total market worth of all cryptocurrencies is now above $1 trillion. Basically, today’s market value is $1.04 trillion.
