USDC's Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance's BUSD Climbs 3%
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today's $44.93 billion. Statistics show that during the last three months, USDC's market valuation has dropped by more than 19%, shedding approximately $10.59 billion.
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Timeline of Binance-usd, Usd-coin
USDC trading now available on the Kinesis Exchange - Crypto Daily
London, United Kingdom, 17th October, 2022, Chainwire Kinesis, the world's leading gold and silver-based monetary system, has listed the FIAT-based stablecoin, USD Coin (USDC) on the Kinesis Exchange. USDC, is the fourth-largest cryptocurrency by market capitalization and the second-largest USD stablecoin in the cryptocurrency industry, with over 49 billion USDC tokens currently in circulation.
Massive USDC Transfer to Coinbase May Trigger a Significant Wave Within the CryptoMarkets Soon! - CoinPedia
The crypto space attempted to rise high after a brief consolidation, but FOMC fear appears to have reinstalled strength within the bears. The global market capitalization has not changed significantly; it is still circling around $922 billion.
USDT, USDC, BUSD- Know this update before you park your money in it - AMBCrypto
Stablecoins play a key role in the decentralized finance and broader cryptocurrency ecosystem, without a doubt. But the rivalry between USDT and USDC seems to have taken a different route.
Payments Platform Wirex Launches USDC on Stellar - PYMNTS
Payments platform Wirex now supports the USD Coin (USDC) on the Stellar blockchain within the Wirex app and lets users save or spend USDC in real life. Support for USDC on Stellar is now available in the Wirex app using a crypto-enabled debit card, according to a press release on Tuesday (Oct. 11).
Payments Platform Wirex Expands USDC – Dollar Stablecoin Support - CrowdFundInsider
Payments Fintech Wirex says it has launched USDC (USD Coin) on the Stellar blockchain within its App. USDC is a dollar-based stablecoin issued by Circle and one of the most popular stablecoins in the world.
Circle's USDC Inching Back After Dropping $10B in 3 Months - PYMNTS
After losing $10 billion in three months, Circle's dollar-pegged stablecoin USD coin (USDC) is inching back following the coin's rise that benefitted from Terra's collapse in May and the subsequent fallout of the overall market.
This Cryptocurrency Could Benefit From Binance BUSD Auto Conversion? - Coingape
Stablecoins enjoy the privilege of being one of the most traded types of cryptocurrencies by the virtue of their application. For a long time in recent past, a few major stablecoins enjoyed the pole position in the category.
USDC's lead over USDT may do little or nothing for the stablecoin because - AMBCrypto
USDC and USDT — two renowned stablecoins backed by the fiat currency, USD witnessed quite a few tussles over the years to stand at the #1 mark. While the latter still holds the trophy, USDC participated in many ‘highs' to at least try to give a tough fight for the trophy.
Why Did Circle's USDC Market Value Lose The $50B Mark? - CoinPedia
The crypto market is known for its volatility and market participants tend to trade and invest despite this, although they are continually engulfed with fear. To overcome this volatility issue, stablecoins were created, which aim to mirror traditional currencies with blockchain technology. Stablecoin derives its value from getting pegged against the dollar.
TrueFi Issues Default Notice to Blockwater for $3.4M BUSD Loan - BeInCrypto
DeFi unsecured loan protocol TrueFi is trying to claw back funds from its debtors and recently issued a default notice to Blockwater. The post TrueFi Issues Default Notice to Blockwater for $3.4M BUSD Loan appeared first on BeInCrypto.