Tag: stablecoin

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Paxos-Issued Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting

The daily trading volume for BUSD on Coinbase was only about $9 million in the last two months, while the market depth within...

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range – Altcoins Bitcoin News

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the...

Coinbase CEO Explains Why The Exchange Delisted Binance Stablecoin

Brian Armstrong explained that the low liquidity of BUSD stablecoin was a very big concern for Coinbase customers. Coinbase is a Nasdaq-listed public crypto...

True USD becomes 5th largest stablecoin after market cap surges 15%

Ad Over the last few weeks, the market value of True USD (TUSD) has surged and it is now ranked, according to Coin...

Coinbase Adds Support for Euro-Pegged Stablecoin After Binance CEO Predicts New Trend for Crypto Sector

Coinbase is adding support for an Ethereum (ETH)-based stablecoin that aims to stay pegged to the Euro to its crypto trading platform. The top...

BUSD Stablecoin Plunges 20 Cents On The Binance Exchange

Last updated Feb 23, 2023 Reportedly BUSD stablecoin was trading at around 80 cents on 22 Feb 2023 amid decreasing supply of BUSD stablecoin...

TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting – Bitcoin News

On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the...

After Djed Stablecoin Launch, Cardano (ADA) Outperforming

After the launch of Cardano’s stablecoin Djed, ADA investors are showing bullish sentiment on Cardano.Djed is an algorithmic concept based stablecoin, proposed by...

‘New Era’ As Cardano (ADA) Based Stablecoin Djed Goes Live on Mainnet

Ethereum (ETH) rival Cardano (ADA) has seen its first overcollateralized stablecoin Djed (DJED) go live on the mainnet. DJED aims to be pegged with...