Tag: Stablecoins

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With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021 – Altcoins Bitcoin News

Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion...

U.S. Congress to Address SEC Oversight and Legislation Regarding Stablecoins

Join Our Telegram channel to stay up to date on breaking news coverage Tuesday’s complete hearing of the U.S. House Committee on Financial Services...

Stablecoins Worth $600k From 2021 DAO Maker Hack Sent Via Tornado Cash

Tornado Cash has, once again, found itself as the nexus of pilfered funds from a DeFi protocol. An Ethereum wallet address associated with the...

Research: TRON and gold-backed stablecoins poised for growth as Ethereum activity shrinks

After Terra UST’s de-peg in May 2021 prompted fears over the safety of stablecoins, crypto advocates pointed out fundamental differences between algorithmic stablecoins...

Industry Whales Pair TOADS With Stablecoins; DAI And USDT For Massive ROIs and Portfolio Stability

The cryptocurrency market is full of surprises, and the latest one has arrived in the form of industry whales pairing TOADS with stablecoins...

BTC-Backed Stablecoins Will be An Integral Part Of The Bitcoin Economy

Over-collateralized, bitcoin-backed stablecoins are going to be an integral part of hyperbitcoinization. ...

Are Stablecoins the Answer to Volatility?

Since the creation of Bitcoin in 2009, digital currencies have gone a long way. Today, over 4,000 distinct cryptocurrencies are in use, with a total...

The Role of Stablecoins in Cross-Border Payments: Opportunities and Risks

With high fees, long transaction times, and the danger of currency fluctuations, cross-border payments have always been difficult for individuals and businesses equally. However, the rise...

What the Bank of England’s Stablecoins Regime Could Look Like

“I like ... the additional objective of ensuring the return or transfer of funds because not only does it give added confidence to...

Stablecoins for Remittances: A Potential Game Changer?

The growth of cryptocurrencies in recent years has offered a new method of performing financial transactions. The usage of stablecoins for remittances is one of...

Coinbase Asks Devs to Build Inflation Pegged Stablecoins

Coinbase is calling on developers to build a new category of...

USDT dominance exceeds 60% – fundamentals for stablecoins declining at rapid rates

Quick Take USDT dominance exceeds 60% for the first time since June 2021. The other top four stablecoins have all seen dominance decline. USDT circulating supply...