
Binance Converts $1B Funds into Other Cryptos as Banking Fears Heighten
Pressure continues to mount on stablecoins given the current situation that has seen three major crypto-backing banks collapse in the past few days.
Pressure continues to mount on stablecoins given the current situation that has seen three major crypto-backing banks collapse in the past few days.
USDT remains the biggest stablecoin in the market with a market capitalization of $66.38 billion.
Despite the fact that customers may be shifting their focus to its competitor, Tether doesn’t see a threat.
Credix Finance’s partnership with Clave is geared toward supporting businesses and consumers in the entire Latin American region.
Robinhood’s partnership with USDC comes at a time that stablecoins are subject to criticisms and intensified scrutiny.
Many in the crypto space hope that the recession following the COVID-19 pandemic will provide the necessary push towards mass adoption. Does this mean that soon we’ll all be paying in Bitcoin? The analysts at Cryptoprocessing.com are not so sure.
The latest industry report shows that Ethereum investors are accumulating more ETH tokens to meet the minimum threshold of 32 ETH for participating in the node staking process of Ethereum 2.0.
Circle payments startup announced on December 17 that it is pivoting its business model primarily to providing stablecoin services after selling its over-the-counter (OTC) trading desk to Kraken.