During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end
Read more
Tether vs. USD Coin on-chain data reveals two very different stablecoins
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.
Read more
Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
The SOL cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits of Solana-based stablecoins.
Read more
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
“We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves,” the Crypto.com CEO said.
Read more
Stablecoin GUSD’s Supply Jumps Close to 130% Higher in 30 Days
While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the
Read more
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in
Read more