Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months
USDT’s market share among stablecoins surpassed 54% on Monday, its highest level since November 2021.
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Mar 6, 2023 at 8:41 p.m. UTC
Mar 6, 2023
Stablecoin
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Singapore Authorities Probing Do Kwon’s Terraform Labs: Bloomberg
Singapore's police said they have started to investigate Terraform Labs, the company behind the failed terraUSD (UST) stablecoin, according to a Bloomberg report on Monday. "T...
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Mar 6, 2023 at 5:57 p.m. UTC
Mar 6, 2023
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Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
The firm's sole director is hoping to roll out a DeFi platform to begin paying back creditors.
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Mar 6, 2023 at 12:29 p.m. UTC
Mar 6, 2023
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Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin....
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Mar 3, 2023 at 7:27 p.m. UTC
Mar 3, 2023
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Questions Loom Over Binance's Stablecoin Collateral
According to Forbes, crypto exchange Binance moved $1.8 billion of collateral meant to back its customers' stablecoins to hedge funds last year. "The Hash" panel discusses why...
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Mar 2, 2023 at 6:03 p.m. UTC
Mar 2, 2023
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Three Japanese Banks Start Stablecoin Experiment
The institutions involved are Tokyo Kiraboshi Financial Group, Minna no Bank and The Shikoku Bank.
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Mar 2, 2023 at 9:53 a.m. UTC
Mar 2, 2023
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Tensions Brewing Between Aptos and Sui After Disinvitation From Denver Crypto Conference
At ETHDenver, one of the year’s biggest events on the crypto circuit, tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals...
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Mar 1, 2023 at 5:49 p.m. UTC
Mar 1, 2023
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Binance Can’t Keep Its Story Straight on Misplaced $1.8B USDC
The FUD is coming from inside the building, says David Z. Morris, CoinDesk's chief insights columnist.
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Mar 1, 2023 at 5:22 p.m. UTC
Mar 1, 2023
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Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report
Approximately $6 billion of outflows has hit Binance's stablecoin, BUSD, since Feb. 13, according to CoinGecko data compiled by Reuters. "First Mover" hosts weigh in on the la...
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Mar 1, 2023 at 3:28 p.m. UTC
Mar 1, 2023
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Binance Transferred $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes
Cryptocurrency exchange Binance moved $1.8 billion of collateral meant to back its customers' stablecoins to hedge funds last year, according to Forbes. In a statement sent to...
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Feb 28, 2023 at 3:34 p.m. UTC
Feb 28, 2023