Stablecoins
Research: Tether shines as leading stablecoin in evolving market
Tether extends its dominance to 55% of the stablecoin market as BUSD woes deepen.
Samuel Wan 3 min read
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Analysis
MakerDAO’s governance token sees a 37% decrease in 24H trading volume
MakerDAO's Endgame Tokenomics draws comparisons to Terra's Seigniorage Mechanism, worrying some investors and analysts.
Stablecoins
Binance accumulates 3.8B USDC in three weeks
At the time of writing, Binance's current USDC balance sits at 5.1 billion.
Latest Stablecoins News & Analysis
Stablecoins
Stablecoins inflow to Ethereum L2s rise 5% to over $2B
In February, Arbitrum's stablecoin inflow averaged over $10 million per day as the network saw a total influx of around $300 million.
Regulation
Tether denies WSJ allegations of falsified bank documents
The stablecoin firm called an earlier report "wholly inaccurate and misleading."
Analysis
BUSD exchange balance drops below 9B as USDT dominance reaches 55%
In the meantime, Ethereum dominance over the aggregate market cap of the top four stablecoins continues to increase.
Stablecoins
Tether has no exposure to Silvergate, says CTO Paolo Ardoino
The news comes after the distressed crypto bank's ties with the USDC stablecoin are coming under increased scrutiny.
Stablecoins
Circle says it is ‘sensitive’ to concerns around Silvergate as share prices crash
"We are sensitive to the concerns around Silvergate and are in the process of unwinding certain services with them and notifying customers."
Stablecoins
Three Japanese banks to issue compliant stablecoins on ‘Japan Open Chain’
The Japanese banks are expected to issue legally backed stablecoins that can be used in Ethereum wallets like MetaMask.
