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So Stable! Stablecoins Now Hold Over 15% Of Crypto Market Share

coinfomania.com

The market value of stablecoins has been rising steadily in recent months. Amid a broader crypto market collapse, stablecoins gained further market share and now hold more than 15% of the total crypto market capitalization.

Read in Full: coinfomania.com
Bitcoin USDC
$ 1.0003

Timeline of Binance-usd, Usd-coin, Tether


Tether Market Cap Slashed by More Than $10B in May  - BeInCrypto

Tether market capitalization was slashed by more than $10 billion in May due to the market crash that was led by the failure of UST of the Terra ecosystem. The post Tether Market Cap Slashed by More Than $10B in May  appeared first on BeInCrypto.


Tether Confirmed Its Website Was Targeted In DDoS Attack: Report - DCForecasts

Tether confirms its website was targeted in a DDOS attack and turned on its “Under attack mode” after receiving a 400,000% increase in requests so let's read more today in our latest Tether news. CTO Paolo Ardoino and Tether confirmed its website was attacked in a DDoS attack and the number of requests for the


Tether Experience DDOS Attack ! Here's The Outlook at What Really Happened! - CoinPedia

The most valuable stablecoin, USDT, has been the target of a distributed denial of service (DDOS) attack. This is according to a tweet from Paolo Ardoino, Tether's chief technical officer (CTO). The company has reportedly been assaulted before, according to the tweet from June 18.  “They tried it once,” said Ardoino. According to the Tether …


Tether [USDT] – Now that the DDoS attack is behind it, here's the post-op outlook - AMBCrypto

Holders of USDT were sent into a frenzy yesterday after Tether's Chief Technical Officer Paolo Ardoino confirmed the incidence of a DDoS attack. Simply put, a DDoS attack happens when a server or a network is flooded with requests to disrupt the server's regular traffic.


Traders Shifting From USDT to USDC ! Here's Why - CoinPedia

Glassnode, an on-chain data analytics platform, disclosed  today that USDC, the world's second largest stable coin, is gaining traction as crypto investors prefer it over USDT. This may be seen in the total number of supplies added to the coin in the last month alone. USDC had a market cap of $4.1 billion in January …


Tether confirms DDOS attack on tether.io - CryptoSlate

Tether CTO, Paolo Ardoino, has confirmed that the Tether website, tether.io, is currently suffering a DDOS attack. The post Tether confirms DDOS attack on tether.io appeared first on CryptoSlate.


US Federal Reserve Says Stablecoin Poses Risk to Financial Stability, Tether's Dominance Quakes - BeInCrypto

A report from the Federal Reserve's board of governors argues that stablecoins pose a risk to financial stability. The post US Federal Reserve Says Stablecoin Poses Risk to Financial Stability, Tether's Dominance Quakes appeared first on BeInCrypto.


Data Suggets USDC May Soon Replace USDT As Stablecoin Favorite - Coingape

On-chain data analytics site Glassnode disclosed today that world's second largest stable coin USDC is gaining traction as crypto investors seem to prefer it over USDT. This is evidenced in the total number of supply the coin gained from last month alone.


Just In: Suspicious Tether Wipe Off Activity Raises Eyebrows - Coingape

After a steady drop in its price over the past few weeks, Tether continues to be at the center of the debate around stablecoins. Earlier this week, Tether market cap shrunk below the $70 billion level.


The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9% - Bitcoin

During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether's market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than 12 billion tethers have been removed from circulation

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