Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Россия Новости Новости

Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
Россия Последние новости,Россия Последние новости

SEC's stablecoin crackdown is a boon for top-dog Tether USDT.

Related:

Since Feb. 13 when the news broke, the BUSD market cap has lost roughly $2 billion, down to around $14 billion as of Feb. 16 — the lowest since January 2022., Binance has seen its withdrawals and BUSD redemptions surge post-Paxos crackdown.At the same time, USD Coin , the second-largest stablecoin by market capitalization, has also witnessed capital outflows in reaction to the SEC crackdown news. Its supply decreased from $41.29 billion on Feb. 12 to as low as $40.99 billion on Feb. 14.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

Cointelegraph /  🏆 562. in RU
 

The next bear market will be triggered by the collapse of Tether. USDT is a ticking timebomb💣

It looks like Tether USDT is well-positioned to benefit from the SEC's stablecoin crackdown.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Tether (USDT) Market Cap Back Above $69 Billion Amid Binance FUDTether (USDT) Market Cap Back Above $69 Billion Amid Binance FUDMarket cap of Tether surges over $69 billion; $USDT controls more than half of stablecoin market w/ paoloardoino
Источник: Utoday_en - 🏆 295. / 63 Прочитайте больше »