Binance to stop its support for USDC, USDP, and TUSD from the end of September. The existing funds of the coin will automatically convert these coins to BUSD. The largest cryptocurrency exchange, Binance recently revealed that the platform will discontinue its support for the stablecoins such as USD Coin (USDC),
The bear market has been the trend for the past 3 months. The top 10 coins are BTC,ETH,USDT,USDC,BNB,XRP,BUSD,ADA,SOL and DOGE. The cryptocurrency market has experienced highs and lows since the bear market began during the last three months of the present year. Bitcoin, Ethereum, Tether, USD coin, BNB, XRP, Binance
The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on TRON. The USDD stablecoin is currently the most over-collateralized stablecoin across the entire cryptocurrency market. The core mission of USDD is to provide the blockchain world with a
The Carbon Removal cause will be launched on July 20, 2022, by EarthFund. Dr. Lucy Tweed, who founded the organization, will focus on discovering and supporting community-led carbon removal initiatives to help combat climate change and remove carbon from the atmosphere. The Carbon Removal Cause aims to sponsor nature-based activities
USDT market cap dropped below $70 billion. The number of significant accounts holding USDT has decreased. After Terra’s collapse Tether (USDT) became the largest stablecoin by trading volume, but the amount of supply held by addresses holding between $100,000 and $10 million USDT has almost reached a three-year low. The
During Monday’s turmoil, the USDD stablecoin dropped slightly to $0.977 per unit. Tron DAO Reserve had to deploy money to protect the $1 parity. In light of Terra UST’s demise and the present state of the crypto market, many have turned their attention to USDD, a Tron-based algorithmic stablecoin. USDD
USDT trading at $0.999468 with a trading volume of $47,211,505,618. Tether’s USDT is available on 12 blockchain networks. Tether Operations Limited (Tether), the blockchain-enabled platform which powers the world’s most valuable stablecoin by market capitalization, will launch Tether tokens (USDT) on Tezos, a unique expandable Proof-of-Stake blockchain (PoS). USDT to
TerraUSD’s failure has shattered the hopes of algorithmic stablecoins. Co-founder of Tether and Ethereum says the structure of UST is defective. The issuer of USDC states that the UST structure is a very high-risk foundation for a stablecoin. The recent market crash of the crypto industry has devastated the hopes
The peso, which is now trading at $0.051, will serve as the base currency for MXNT. According to data by Triple-A, most crypto in Mexico is utilized for speculation and trade. A Mexican stablecoin will be introduced in addition to its counterpart USDT, the biggest stablecoin by market capitalization at
The talks or even people rather noticing the stablecoins have been almost nil, until the recent Terra UST downfall. Since the past two weeks, the focus towards stablecoins has catapulted like anything. Amidst such scenarios, the most widely preferred stablecoin available in the market and indeed the best, has upgraded
