Stablecoins
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Cryptocurrency
Less than $30B of stablecoins now sit on exchanges, wiping out all of 2022’s gains
meaning Total amount of coins held at the exchange address. STBL is a virtual asset that aggregates data from all…
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Cryptocurrency
Wallets connected to FTX transfer over $100M stablecoins to exchanges
Three addresses linked to bankrupt crypto exchange FTX and its sister trading company Alameda Research have moved about $145 million…
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Cryptocurrency
Stablecoins rally as Circle announces it will cover all USDC redemptions 1:1
quick take March 11th (Sat), Circle CEO Jeremy Allaire announced Circle has pledged to cover the shortfall in assets backing…
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Cryptocurrency
Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor
advertisement According to CryptoSlate data, nine of the top 10 stablecoins by market cap are trading below the dollar peg.…
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Cryptocurrency
CFTC chair Rostin Benham deems Ethereum, stablecoins to be commodities
advertisement CFTC Chairman Rostin Benham said various digital assets, including Ethereum and stablecoins, are commodities at the hearing. March 8.…
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Cryptocurrency
Machine money gains traction among EU regulators; stablecoins under consideration
advertisement In recent years, as the cryptocurrency market has expanded dramatically, stablecoins have also achieved remarkable growth. In response, the…
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Cryptocurrency
Stablecoins inflow to Ethereum L2s rise 5% to over $2B
advertisement According to DeFillama, the inflow of stablecoins into the Ethereum (ETH) Layer 2 (L2) network has grown 5% over…
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Cryptocurrency
20 global currency stablecoins to form International Standards Body
advertisement The dominance of USD-pegged stablecoins was tested last month. The recent SEC crackdown on BUSD indicated that fiat-pegged tokens…
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Cryptocurrency
Ethereum gas usage spikes for stablecoins; primarily inflows in USDT
meaning Shows the relative amount (shares) of gas consumed by the Ethereum network by category. Transactions fall into one of…
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Cryptocurrency
A deep dive into the implications of the lawsuit and its effects on stablecoins
Paxos faces SEC lawsuit over BUSD On February 13, the U.S. Securities and Exchange Commission (SEC) Enforcement Division issued a…
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