According to statistics, over the span of 30 days, from May 15 to June 15, 2022, more than 2.4 billion stablecoins were redeemed. During this
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Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New
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Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes
The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced
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MakerDAO proposal seeks to hike DAI savings rate to 3.33%
The DAI savings rate was previously increased to 1% in December 2022, and led to 35 million DAI being deposited in the span of a
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Stablecoin Economy Shrinks by $7.3 Billion in 2023, USDC and BUSD Record Mass RedemptionsÂ
From the beginning of this year, the crypto economy has surged by 41.77%, reaching a current market capitalization of $1.17 trillion. However, amidst this growth,
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Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern.
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