Stablecoin Trading Dominates Monday's Crypto Market, Tether and BUSD Sell at Premiums – Market Updates Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

$USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and $BUSD, sold at premiums.

Tether reached a high of $1.04 per unit and BUSD rose to $1.03 per coin during the morning trading sessions .On Monday, stablecoins experienced significant trade volumes after USDC hadits peg to the U.S. dollar over the weekend.

This caused five other stablecoins to depeg just below the $1 value. Today, USDC has almost closed the gap and is trading at $0.99 per coin, but traders looking to exchange USDC for tether , binance usd , or another stablecoin may have to pay a premium.jumped above the $1.04 mark and traded for a few cents higher on Monday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

LUSD now has highest marketcap of USD stables above $1.00.

Have fun with Aussie Digital ecosystem, like shopping on ecommerce, get tips on social media, and trading your token/coin. Go to enjoy the ecosystem platform. Use crypto in the real life 🚀

Because USDT follows the dollar

Ok then, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

This is exactly why I only trust ChiefraFba for signals and analysis

Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals!

Nice one, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in BUSİNESS

Business Business Latest News, Business Business Headlines