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Maintaining Dominance: Tether (USDT) Remains the Leading Stablecoin

Leo Nomist3 years ago3 min read

Tether (USDT) Continues to Lead the Stablecoin Market with Steady Growth Tether (USDT) remains the top player in the stablecoin market, showing consistent growth in its…

Sustaining a Strong Stablecoin Ecosystem Amidst Underwhelming Performance

Benito Cormi3 years ago3 min read

Stablecoin Market Resilient Despite Stagnant Volume and Redemptions The total value of stablecoin tokens currently stands at $123.86 billion, according to coingecko.com. Tether (USDT) leads the…

Controversy Surrounds Justin Sun’s $815M TUSD Mint by Tron Founder

Daniel Lycon3 years ago2 min read

Controversy Surrounds Justin Sun’s Massive Minting of TUSD Stablecoin Justin Sun, the founder of Tron (TRX) and a member of the Huobi board (now HTX), has…

Justin Sun Generates Massive $865 Million with TUSD

Bernard Nicolai3 years ago3 min read

Justin Sun Mints $815 Million in TUSD Despite Limited Adoption Justin Sun, the founder of TRON, has made headlines by minting $815 million worth of TrueUSD…

August Sees $55 Billion Evaporated from the Cryptocurrency Market

Bernard Nicolai3 years ago2 min read

In August, Bitcoin experienced its largest monthly decline since November 2022, resulting in over $55 billion being drained from the market. The crypto market was highly…

Initiation of Bitcoin and Crypto Market Rally Evident in Binance Data

Gapster Innes3 years ago2 min read

Binance’s Move Away from BUSD and TUSD Boosts USDT Market Share Binance, the world’s largest cryptocurrency exchange, recently announced that it would no longer support BUSD…

August Crypto Market Witnessed Significant Capital Outflows, Reveals Latest Report

Newt Bettec3 years ago3 min read

The Crypto Market Sees $55 Billion in Capital Drain in August The crypto industry has been experiencing significant volatility in price movements, largely driven by events…

The Dominance of Turkish Lira: 75% of Binance Fiat Trading Volume Linked to Turkish Market

Newt Bettec3 years ago2 min read

Turkish Lira Dominates Fiat Volume on Binance A recent report from blockchain analytics firm Kaiko confirms that the Turkish Lira (TRY) is the most preferred fiat…

Binance Declares Burning of Unused BUSD Tokens

Bernard Nicolai3 years ago2 min read

Binance Announces Burn of BUSD Tokens on Multiple Chains Binance has recently been cutting ties with its stablecoin BUSD, and it has now announced a burn…

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