News Formal

Stablecoins market faces volatility: Exploring recent trends and key players

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Stablecoins navigate turbulent waters as their market cap fluctuates. Terra's fall, FTX's crash, and Paxos' exit leave USDT and USDC at the helm.

Simultaneously, its companion token, LUNA, designed to stabilizeprice, plummeted from $80 to just a few cents. The collapse of the Terra stablecoin significantly impacted the overall stablecoin market capitalization.

Furthermore, as the market appeared to be stabilizing, another significant crash occurred, this time involving an exchange. In November, theexchange experienced a collapse that sent shockwaves throughout the crypto space. Examining the chart, it becomes evident that the market cap started declining following this period.

The most recent event affecting the market cap was an announcement by Paxos. Paxos revealed its decision to cease minting the Binance stablecoin,

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 22. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

FTX’s $10 million crypto transfer sparks concerns of market disruptionThis significant cryptocurrency transfer from Solana to Ethereum raises concerns of potential market turmoil.
ソース: CryptoAmb - 🏆 22. / 68 続きを読む »