Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
The total value settled with stablecoins this year surpassed the settlement value at Mastercard, which processed around $2.2 trillion in value in 2022.
Andjela Radmilac 2 min read 
Sasha Ivanov announced launch of new stablecoin and addressed Twitter user concerns surrounding depegging.
Waves Labs reports that DAXA warning led to increased short selling of WAVES token, causing liquidity issues and market instability.
Current BUSD balance held by exchanges retreated back to $15 billion.
Demand for USDT remains high, but USDT dominance in the stablecoin market has decreased as other stablecoins like USDC and BUSD have risen.
The current stablecoin volume sitting on exchanges is around $38 billion.
BUSD's supply is down after Binance faced unprecedented stablecoin withdrawals in a 24 hour time frame — the exchange remains unfazed.
Tether said the "secured loans held in its reserves are overcollateralized and covered by extremely liquid assets."
Justin Sun-led TRON has deployed about $200,000 to defend the USDD peg.
