Much has changed in the past three months following the collapse of FTX and its aftermath. The stablecoin economy has experienced significant redemptions, and 30-dayfrom February 14, 2023, show that three of the top five stablecoins have seen a decline in their market capitalizations. The affected stablecoins are usd coin , binance usd , and DAI. While
experienced significant redemptions after the announcement that Paxos would no longer mint the stablecoin, USDC saw the largest decline, losing 6.2% in the last month. decreased by 4.5% in the last 30 days, and DAI had a slight decrease of 0.1%.
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:
Tether is a great choice!
Bitcoin alone will make ppl have more freedom
I'm confused. Does anybody know the M2 of stablecoins? M3? How about the M2 or M3 of BITCOIN? Anyone?
It's all about Bitcoin, Ethereum, TRON & Tether
Tether USDT👀 Paxos BUSD👀
Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months
Totally agree, but I only use ChiefraFba for signals and analysis
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance USD's $16B Market Cap Up for Grabs as SEC-Paxos Suit Stirs Up Stablecoin Rivalry“Paxos' decision to stop issuing BUSD will profoundly alter the stablecoin space and upends a pillar of Binance's strategy for global crypto dominance,” said Kaiko's Clara Medalie. Tether’s USDT emerges as a likely winner sndr_krisztian reports. binance sndr_krisztian USDT will gain more popularity then binance sndr_krisztian I wouldn't believe in myself like that... Binance and BNB №1! 🫡🚀🌟 binance sndr_krisztian I thought paxos BUSD wasn't the same.
Source: CoinDesk - 🏆 291. / 63 Read more »
USD/CAD Price Analysis: Sees more weakness below 1.3330 amid upbeat market moodThe USD/CAD pair is hovering around the critical support of 1.3326 in the early Asian session. The Loonie asset is demonstrating signs of refreshing i
Source: FXStreetNews - 🏆 14. / 72 Read more »
What to know as North Market starts $345 million Merchant Building developmentWhat does the North Market construction project mean for visitors to the market? I'm surprised this story doesn't talk about the work that is starting this week in the old parking lot to remove what's expected to be hundreds of graves before construction begins. The project is crushing the vendors. I wonder what the market is doing to help?
Source: DispatchAlerts - 🏆 72. / 68 Read more »