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    Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months

    • Post author:MiamiCrypto
    • Post published:November 28, 2022
    • Post category:Altcoins/BUSD/Circle/Crypto Trade Volume/DAI/dollar-pegged crypto tokens/FRAX/makerdao/Makerdao’s DAI/paxos/Stablecoin/stablecoin asset/Stablecoin Economy/stablecoin trade volume/Stablecoins/Tether/Tether stablecoin/Tether's USDT/top five stablecoins/top ten stablecoins/Tron's Stablecoin/TrueUSD/tusd/USD Coin/USDC/USDD/USDP/USDT

    During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that…

    Continue ReadingStablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months

    Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%

    • Post author:MiamiCrypto
    • Post published:November 3, 2022
    • Post category:Altcoins/BUSD/Circle/DAI/FRAX/HUSD/HUSD depegging event/makerdao/paxos/Stablecoin/stablecoin asset/Stablecoin Economy/Stablecoins/Tether/Tether's USDT/Tron/Tron's Stablecoin/TrueUSD/tusd/USD Coin/USDC/USDD/USDP/USDT

    Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last…

    Continue ReadingStablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
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