Tether Reports Record-Breaking $5.2 Billion Profit in First Half of 2024
In a significant financial milestone, Tether, the operator of the USDT stablecoin, has reported unprecedented profits of $5.2 billion for ...
Tag: stablecoins
Circle Ends Support for USDC on Tron Network: Immediate Actions Required
Circle, a major issuer of stablecoins, has announced its decision to halt the minting of USD Coin (USDC) on the ...
UK Legislation Targets Stablecoins and Staking
The UK government is gearing up to introduce new legislation aimed at regulating stablecoins and staking activities within the cryptocurrency ...
Cryptocurrency Markets Witness Fresh Inflows as Stablecoin Market Expands After 18-Month Lull
The cryptocurrency realm experiences a resurgence as the stablecoin market, particularly Tether's USDT, demonstrates a substantial $7 billion surge in ...
Stablecoin withdrawals from Binance hit $1 billion as BUSD supply drops and burn rates soar.
The latest numbers show that Binance's stablecoin withdrawals have topped $1 billion, signaling a major shift in the way crypto ...
SEC to Sue Crypto Trust Co. Paxos For Listing Binance Stablecoin
Paxos is also likely to be investigated by the New York Department of Financial Services as part of the probe. ...
Impermanent loss: What it is and how to avoid it?
Every investor is aware of the risks posed by decentralised financing also known as DeFi. One such serious risk of dealing with decentralised money is impermanent loss. In this article, we'll ...
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