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USDC Dethrones USDT as the Most Liquid Stablecoin on Centralized Exchanges: Data

An analysis by crypto market data provider Kaiko revealed that USD Coin (USDC) is currently the most liquid stablecoin on centralized exchanges (CEXs), with approximately $38 million bids preventing a…

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Ethereum Scaling Solution Aurora Unveils ‘Strategic Partnership’ for Web3 Workers

Aurora – an Ethereum Virtual Machine (EVM) compatible scaling and bridge solution built on top of the NEAR Protocol blockchain network – announced a strategic partnership with blockchain-based employment cooperative…

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Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions 

Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With…

Continue ReadingTether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions 

Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31

While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023.…

Continue ReadingTether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31