Stablecoin

  • The Movement of $50 Million USDCs From USDC Treasury to Kraken

    According to reports, according to WhaleAlert data monitoring, 50000000 USDCs ($50030333) were transferred from the USDC Treasury to Kraken.
    Data: 50 million USDCs transferred from

    03/24/2023
    160
  • Breaking News: Do Kwon, Terra’s Founder, Arrested According to Reports from INTERPOL

    According to reports, INTERPOL has confirmed that the suspect arrested by the Montenegrin authorities is Do Kwon, the founder of Terra.
    INTERPOL has identified the suspect arrested

    03/24/2023
    195
  • The MakerDAO Community Votes to Keep USDC as Main Reserve Asset for DAI

    According to reports, according to the official website, the MakerDAO community has voted to approve the proposal to \”retain the USDC as the main reserve asset of the stable curren

    03/24/2023
    173
  • Stablecoin Market Update: USDT Reigns Supreme with over 60% Dominance

    According to reports, according to the latest data from blockchain analysis company Glassnode, as USDC, DAI, and BUSD continue to hit new lows, as well as the continuous increase i

    03/23/2023
    142
  • Reasons for the Rise in Bitcoin and Tether’s Outlook on Cryptocurrencies

    According to reports, Tether Chief Technology Officer Paolo Ardoino and CNBC\’s Arjun Kharpal discussed the reasons for Bitcoin\’s rise this year and his outlook for cryptocurrencies

    03/23/2023
    159
  • Digital Currencies: Do Financial Frictions Limit Their Potential Benefits?

    On March 23, the Financial Research Office of the US Treasury Department recently released a research report stating that financial frictions may limit the potential benefits of di

    03/23/2023
    172
  • Telegram now supports USDT Transactions within its Wallet Robot

    On March 22nd, Telegram users can now send USDTs to each other during chat. USDT has been added to Telegram\’s @ wallet robot, extending the messaging application\’s ability to buy a

    03/22/2023
    171
  • Bybit Launches USDC Settlement Futures Contract for BTC and ETH

    On March 22, according to an official announcement, Bybit announced the launch of the USDC futures contract. BTC and ETH USDC settlement futures contracts can now be traded on the

    03/22/2023
    196
  • The Growing Circulation of TRC20-USDT: What You Need to Know

    According to official news, the circulation of TRC20-USDT exceeded 43.1 billion, setting a record high. The number of accounts held by TRC20-USDT has exceeded 21.58 million.
    The ci

    03/22/2023
    137
  • Gnosis Chain Collaborates with Monerium to Launch EURe: The Over-Collateralized Euro Stablecoin

    On March 21st, Gnosis Chain officially announced that the electronic currency institution Monerium has launched an over collateralized Euro stable currency EURe on the network, wit

    03/21/2023
    185
  • Tether Issues $1 Billion in USDTs on Tron: Is This a Warning Sign?

    According to reports, according to Lookonchain monitoring, Tether has just cast another 1 billion USDTs on Tron, and in the past 7 days, Tether has cast 5 billion USDTs on Tron and

    03/21/2023
    137
  • TRC20-USDT: The Rise of the World’s Largest Stablecoin

    According to the latest official news, the circulation of TRC20-USDT has exceeded 42.1 billion pieces, and the number of accounts held has exceeded 21.51 million.
    TRC20-USDT circul

    03/21/2023
    158
  • Tether’s Latest Move: 1 Billion USDTs to Wave Network, Binance, and Kraken

    According to reports, according to Lookonchain data, Tether cast 1 billion USDTs in the wave field network an hour ago, and then sent 162 million USDTs to Binance, while 28.6 milli

    03/20/2023
    152
  • Tether Issues 1 Billion USDTs on Wave Field Network: What Does It Mean for Crypto Investors?

    According to reports, according to Whale Alert data, the stable currency issuer Tether issued 1 billion additional USDTs on the Wave Field Network at 21:56:33 Beijing time on March

    03/20/2023
    155
  • Threshold Network Launches thUSD Stablecoin Based on tBTC Collateral

    According to the official news, the privacy network Threshold Network announced that it would launch the US dollar stable currency thUSD based on tBTC. The stable currency uses the Liquidity protocol mechanism for reference, and uses tBTC (bridging Bitcoin to the derivative token generated by Ethereum through the cross-chain solution of Threshold Network) as the collateral to generate USD stable currency thUSD. Threshold Network, a private network, will launch thUSD, a stable dollar based on tBTC Analysis based on this information:Threshold Network, a privacy network, has announced the launch of the US dollar stablecoin thUSD which is based on tBTC collateral. The stable currency will use the Liquidity protocol mechanism for reference, and tBTC (bridging Bitcoin to the derivative token generated by Ethereum through the cross-chain solution of Threshold Network) as the collateral to generate USD stable currency thUSD. Stablecoins are digital currencies designed to maintain a stable value relative to another asset or group of assets. These stablecoins serve…

    03/14/2023
    196
  • Tether USDT reaches new highs

    According to the report, according to the data of Coingecko, the short-term premium of the US dollar stable currency Tether (USDT) has risen to US $1.02, and the current market value has also risen to US $74.227 billion, a new high since May 2022. USDT has a short-term premium, which has now risen to $1.02 Analysis based on this information:The cryptocurrency market is currently experiencing a surge in the value of the US dollar stablecoin, Tether (USDT). According to a report based on the data provided by Coingecko, Tether’s short-term premium has reached US $1.02, which is a remarkable hike in comparison to its previous value. Additionally, the report reveals that the current market value of the Tether stablecoin has risen to US $74.227 billion, marking a new high since May 2022. This observation highlights the increasing demand for stablecoins in the cryptocurrency market, as investors seek stable digital assets of value. Tether, often referred to as a stablecoin, is…

    03/13/2023
    156
  • Circle’s Partnership with Cross River Bank to Improve USDC Circulation

    It is reported that the operation of stable currency issuer Circle: USDC will establish a new settlement agreement through Cross River Bank to provide customers with automatic USDC casting and redemption, effective from March 13, 2023. Circle: The operation of USDC will establish a new settlement agreement through Cross River Bank Analysis based on this information:Circle, a stable currency issuer, has announced its partnership with Cross River Bank to enhance the circulation of its USD-based stablecoin, USDC. According to the report, the new settlement agreement will offer customers automatic USDC casting and redemption, starting from March 13, 2023. This move will have a significant impact on the accessibility and ease of use of USDC, ultimately benefiting the overall ecosystem of decentralized finance. The three keywords that describe this message are stablecoin, settlement, and partnership. Firstly, this message highlights the growing importance of stablecoins in the decentralized finance world. Stablecoins are cryptocurrencies that are pegged to stable assets like fiat currencies,…

    03/13/2023
    165
  • BUSD Stablecoin Experiences Short-Term Premium

    On March 13, CoinGecko data showed that the US dollar stable currency BUSD issued by Paxos had a short-term premium, once rising to the peak of US $1.03, and now it has dropped slightly to US $1.01, with a 24-hour increase of 1.5%, and the market value has risen to US $8.44 billion. BUSD’s short-term premium rose to $1.03 Analysis based on this information:The cryptocurrency market has experienced a surge in popularity over the past year, thanks to increasing investor interest and game-changing innovations such as stablecoins. Stablecoins were introduced as a tool to put an end to the extreme volatility of cryptocurrencies, which made them unreliable for everyday use. These digital assets are designed to maintain a stable value equal to a specific asset, such as the US dollar. One of the popular stablecoins in the market today is BUSD – a USD-pegged stablecoin issued by Paxos. According to data from CoinGecko, BUSD has experienced a short-term premium, reaching…

    03/13/2023
    161
  • Djed Stablecoin on Cardano Chain Outperforms USDC Despite Market Fluctuations

    It is reported that according to the data of coinmarketcap, the stable currency Djed on the Cardano chain has gained a premium higher than the market performance under the recent fluctuation of the US dollar stable currency USDC, even reaching US $1.08 at one time, and has now fallen slightly to US $1.02. In addition, the direct price difference between USDT and Djed has reached about 1%, while the trading volume has also continued to increase. The data also shows that Djed’s current reserve is about 33.28 million ADAs, the mortgage rate is 428%, and the fully diluted market value reaches 1018522837484 dollars. (u.today) The premium of the stable currency Djed on the Cardano chain once rose to $1.08 Analysis based on this information:The recent fluctuations of the US dollar stable currency (USDC) have highlighted the outstanding performance of the Djed stablecoin on the Cardano chain. According to data from coinmarketcap, Djed has gained a premium higher than the market…

    03/12/2023
    164
  • USDC Stablecoin Falls Below 95 Cents: What Does This Mean for Cryptocurrency Investors?

    It is reported that the USDC stable currency of Circle, a peer-to-peer payment technology company, fell below 95 cents.

    Circle\’s USDC stable currency f…

    03/11/2023
    152