Tag: Stablecoins

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NFT

FTX-Related Wallets Moved $145M Worth of Stablecoins

It seems that FTX is yet again...
XDai Chain

Less than $30B of stablecoins now sit on exchanges, wiping out all of 2022’s gains

Definition The total amount of coins held on exchange addresses. STBL is a virtual asset that aggregates the data of all ERC20 stablecoins supported on...
XDai Chain

De-Pegged Stablecoins Save Debtors $100M on Loan Repayment

Some debtors seem to have used the...
XDai Chain

Stablecoins rally as Circle announces it will cover all USDC deposits 1:1

Quick Take On Saturday, March 11, Circle CEO Jeremy Allaire announced that Circle pledges to cover any shortfall in the assets backing USDC if...
Web 3.0

Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor

Ad Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels from the contagion...
XDai Chain

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity – Bitcoin News

On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin...
Blockchain

US Federal Reserve to Create Cryptocurrency Team Amid Concerns Over Unregulated Stablecoins

The US Federal Reserve is taking steps to address the fast-evolving cryptocurrency industry. The central bank has announced that it is creating a...
Blockchain

US Fed to produce new crypto team amid enterprises about limited stablecoins

The Fed’s vice chairman for supervision said that the central bank does not want to check inventions but ensure that regulations cover homes...
XDai Chain

Stablecoins inflow to Ethereum L2s rise 5% to over $2B

Ad Stablecoin inflow into Ethereum (ETH) layer 2 (L2) networks increased 5% in the last seven days to over $2 billion, according to...
Bitcoin

🔴 Scary Week for Stablecoins

https://www.youtube.com/watch?v=bS7n0pQyrrMA crypto bank’s troubles drive the market lower, Coinbase suspends trading of a major stablecoin, and a new survey shows how Americans really...
Web 3.0

Circle CEO Believes SEC Shouldn’t Regulate Stablecoins

Circle CEO Jeremy Allaire said he doesn't...
XDai Chain

Ethereum gas usage spikes for stablecoins; primarily inflows in USDT

Definition The relative amount (share) of gas consumed by the Ethereum network by category. Transactions are classified into one of the following categories: Stablecoins: Fungible...
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