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Tag: USDC supply

Tether Eating All Other Stablecoins as Total Assets Approaches $100B 

Tether’s total assets are not far away from $100 billion following a monumental rise over the past six years.  The current figure for the...

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PayPal’s Stablecoin Sees Minimal Activity Three Weeks After Launch

The crypto community embraced the news that PayPal, the $70B payments firm, was rolling out an Ethereum-based stablecoin, predicting that the company’s brand and...

Evaluating Exchange Risk

Executive SummaryExchanges remain the centrepiece of the digital asset industry, where the vast majority of trade takes place.Our assessment, based on entity-adjusted data, indicates...

Circle CEO: 70% of USDC adoption comes from outside the US

Circle CEO Jeremy Allaire estimates as much as 70% of USD Coin (USDC) adoption comes from countries outside of the United States.On Aug. 8...

Era Lend on zkSync Loses $2.7 Million in Exploit

The attacker drained millions of dollars’ worth of crypto from the lending app using a read-only re-entrancy attack. Photo...

Tether Circulation Hits New Peak as Confidence in Circle Continues to Shrink

The stablecoin ecosystem has also been impacted by America’s war on crypto, with a clear divergence happening between the top two issuers. Tether supply...

Can Circle [USDC] Turn Things Around With New Plan? All You Need to Know

Circle had its most difficult week of the year after USD Coin lost its dollar peg. Although it has subsequently...

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped...

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