US dollar stable currency
-
Coinbase’s Trading Volume Nosedives by 99.2%
On March 12, according to the data released by Crypto KOL and chain analyst Mr. Whale, the trading volume of Coinbase on the Cryptocurrency Exchange has plunged by 99.2% in the past 24 hours, which is the first time in history. The reason may be that the US dollar stable currency (USDC) (partially owned by Coinbase) triggered the anchoring in the bankruptcy of Silicon Valley banks. Coinbase’s trading volume fell 99.2% in the past 24 hours Analysis based on this information:The world of cryptocurrency is known for its unpredictability, and Coinbase, one of the world’s largest cryptocurrency exchanges, is no exception. On March 12, a piece of news from Crypto KOL and chain analyst Mr. Whale shook the cryptocurrency world. According to the data released by Mr. Whale, Coinbase’s trading volume on the cryptocurrency exchange had plummeted by a staggering 99.2% in the past 24 hours. This is the first time such a significant drop has been witnessed in Coinbase’s…
-
USDC Anchoring Status Expands Despite 7.2% Drop
It is reported that the US dollar stable currency (USDC) has continued to expand its anchoring status. According to CoinGecko data, the current USDC has droppe…
-
Circle Announces the Removal of Services from Silvergate Due to Market’s Concerns
According to reports, Circle, the issuer of the US dollar stable currency, said on Twitter that Circle had kept in touch with several banking partners, and was…
-
BUSD Market Value Plummets due to Paxos Treasury Destruction
It is reported that with the destruction of BUSD by Paxos Treasury, the market value of the US dollar stable currency has dropped sharply in recent days. Accor…
-
USDT Takes the Lead as Stablecoin Market, Gathers Momentum
According to the report, the data shows that the total market value of the US dollar stable currency is US $138.5 billion at present, with USDT accounting for …
