Stablecoin
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The Fall in USDC Receiving Addresses: A 5-Month Low
According to reports, Glassnode data shows that the number of USDC receiving addresses (7-day MA) is 1122.054, reaching a 5-month low.
The number of USDC receiving addresses has re -
The Destruction of USDCs by the USDC Treasury Department
According to reports, according to Whale Alert monitoring data, 101062793 USDCs ($101179481) were destroyed by the USDC Treasury Department.
The USDC Treasury Department destroyed -
Introducing yETH: A Revolutionary New Revenue Aggregation Protocol
On April 21st, according to the snapshot page, the revenue aggregation protocol Year community initiated a vote for YIP-72 to launch yETH. The proposal aims to approve the design s
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Whale Alert: USDC Treasury Destroys $130M
According to reports, Whale Alert data shows that at 2:53130769823 USDCs ($130769823) were destroyed in the USDC Treasury today (Beijing time).
130769823 USDCs destroyed in USDC Tr -
Data Shows Massive Transfer of USDT to GateIO: What Does This Mean for Cryptocurrency Markets?
According to reports, data shows that 55000000 USDT (worth approximately $54649650) has been transferred from unknown wallets to GateIO.
55000000 USDT transferred from unknown wall -
The Rise of TUSD and the Decline of USDT in Coin An’s BTC Trading Pairs
On April 16th, Kaiko data showed that the BTC-TUSD and BTC-USDT trading pairs of Coin An saw TUSD\’s market share rise to 49%, almost equal to Tether\’s USDT. However, the growth of
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BTC-TUSD Market Share Up to 49% on Coin An: Is TUSD Gaining Ground on USDT?
According to reports, in the BTC-TUSD and BTC-USDT trading pairs on Coin An, TUSD\’s market share has increased to 49%, almost equal to USDT. Kara Medalie, head of research at Kaiko
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Introducing USB: The World’s First Decentralized, Dollar-Linked, And Bitcoin-Supported Bank Independent Stable Currency
On April 14th, payment company Stabolut announced the launch of a decentralized, dollar linked, and Bitcoin supported bank independent stable currency – USB. Eneko Knorr, co-founde
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Introducing Ondo Finance’s latest offering: OMMF, a US dollar-pegged stablecoin based on money market funds (MMFs)
On April 14th, it was announced that the DeFi agreement, Ondo Finance, will officially launch the US dollar stable currency OMMF based on money market funds (MMFs). Investors will
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Introduction
On April 13th, digital asset company Stablecorp announced that it will relaunch the Canadian dollar denominated stable currency QCAD, which will be issued by its subsidiary, Stable
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Coin An Completes Integration of Tether (USDT) on NEAR Protocol Network
On April 12th, according to an official announcement, Coin An has now completed the integration of Tether (USDT) on the NEAR Protocol network and opened up the recharge and withdra
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BUSD’s Market Value Drops by over 30% in One Month
According to reports, according to the latest data from Coinsecko, the market value of the US dollar stable currency BUSD issued by Paxos has fallen below $7 billion, compared to $
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Giant Whale Buys 425530ARB for $1.18 with 500000 USDCs: What Does This Mean for the ARB Market?
According to reports, according to Lookonchain monitoring, a giant whale purchased 425530ARB again for $1.18 with 500000 USDCs. Currently, the address holds 11 million ARBs ($12.91
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Alchemy Pay has partnered with stable currency issuer CNHC to provide payment solutions
According to reports, Alchemy Pay, a provider of encrypted payment solutions, has announced the establishment of a partnership with CNHC, a stable currency issuer. Through this col
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Paxos Receives National Banking License Approval from OCC
According to reports, records from the US Office of the Comptroller of the Currency show that the stable currency issuer Paxos initially submitted a national banking license applic
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The Lowdown on USDC Sending Addresses: An Analysis of the 5-Month Low
According to reports, data shows that the number of USDC sending addresses has just reached a 5-month low of 1070.804 in the past hour (7d MA).
The number of USDC sending addresses -
The Rise of USDT: Traders’ Choice Amidst Increasing Concerns About USDC and BUSD
According to reports, data shows that the circulating market value of USDT has exceeded $80 billion for the first time since May 2022, and has risen by $15 billion so far in 2023.
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Understanding the Allegations Against Do Kwon and LUNA: A Closer Look
According to reports, South Korean prosecutors claim that Do Kwon has transferred illegal funds from LUNA to Bitcoin, using overseas cryptocurrency exchanges instead of direct phys
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The Dip in USDC Trading Volume: What it Means for Investors
According to reports, data shows that the trading volume of USDC has just reached a 14 month low of $232782968.57 in the past hour (7d MA).
USDC trading volume hit a 14 month low
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Paxos Recruits New Portfolio Management Manager to Oversee $20B Reserves
News on April 6th. According to the job list on LinkedIn, stable currency issuer Paxos is recruiting a new portfolio management manager. The company stated that the hired individua