Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b in four months.
Stablecoin supply on exchanges dropping
In November, stablecoin supply on exchanges…
Bybit’s trading volumes surged following the USDC de-peg and volatility, recent reports indicate. Bybit is the second-largest crypto exchange in the Middle East and North Africa (MENA) region.
Adjusting to USDC…
MakerDAO is insulating itself from the vulnerability to risk associated with stablecoins according to the firm’s new proposal.
It is a reaction to the recent depegging of USDC, which has…
On Mar. 12, H.E. Justin Sun, the founding member of the TRON ecosystem and the global advisor at Huobi, a crypto exchange, posted a thread on Twitter highlighting the “potential harm” prevalent…
Anthony Scamarucci, the founder of SkyBridge Capital, wants the United States Federal Reserve (Fed) to intervene in the aftermath of the Silicon Valley Bank’s (SVB) collapse.
Anthony wants the Federal Reserve…
Circle’s USDC, the second-largest stablecoin with a market capitalization of $43b, has been hit by the collapse of Silicon Valley Bank (SVB).
On Friday, regulators in California placed the bank…