Category: Stablecoins
Here’s How USDC Dollar Depeg Could Impact Many Crypto Exchanges
Circle’s USD Coin (USDC) stablecoin is reportedly steadily de-pegging from the US dollar by falling to a low of $0.89 from its $1 peg. The…
Is USDC Likely to Be Another UST? Analyst Shares His Opinion
According to a recent thread by @DeFi Ignas, a crypto analyst on Twitter, the vulnerability of USDC (USD Coin) reserves to fallen banking bodies in…
Binance Is Unaffected By The Ongoing Issues With Silicon Valley Bank – Zhao
Following reports that certain cryptocurrency financial institutions, such as BlockFi and Circle, had connections to the struggling financial firm, the announcement became essential. Binance’s CEO,…
A Beginner’s Guide To USD Coin (USDC)
The traditional cryptocurrency market is known for its volatility. The value of even the most established cryptocurrencies can increase and decrease significantly in a matter…
Crypto vs. Forex Trading: Key Differences
Introduction Following the industrial revolution, the people of the world started to pay more attention to the benefits of investing. Therefore, many investors came up…
Huobi Global Will Delist HUSD As It Slips Below Parity
On Thursday, Huobi Global made an announcement that its trading platform intends to delist the HUSD stablecoin and the process will begin on October 28th,…
Tether Top Stablecoin Trade Volumes Amid Market Cap Decline
As the crypto market bloodbath continues, stablecoins are not exempted from the broader market correction. Amid the industry turbulence, Tether (USDT) stands tall as the…
Officials from US Treasury Discuss & Assess Stablecoins, Their Benefits & Risks
Several meetings have been held between the officials from the Department of US Treasury and representatives of US’s financial sector for ascertaining the benefits and…
Crypto Prices Today – ADA and SOL Lose Up to 13%, DOT Gains 10%
Excluding Polkadot that gained nearly 10%, nine of the top ten digital currencies traded lower today. Solana dropped 13% as Cardano lost over 6% of…
Japanese Stablecoin Gets US Approval For Trade With US Consumers
Department of Financial Services (DFS), New York, issues crypto license to GMO. The license authorizes GMO to issue Japanese stablecoins for trade by US consumers…
