TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins

March 24, 2024 Bitcoin.com

Altcoins

Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously ranked among the top five dollar-pegged cryptocurrencies […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Trading for TrueUSD (TUSD) starts June 29 – deposit now!

June 29, 2023 Kraken

asset listings

Kraken now supports the deposits and withdrawals of TrueUSD (TUSD) on the Tron Network! Tron is a blockchain platform where developers can deploy their own decentralized applications (dApps). Tron is powered by delegated proof-of-stake (DPoS), a system that’s considered highly democratic and inclusive for selecting block producers. The company’s vision is to create a decentralized […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Top Crypto Exchange Binance Rolls Out New Dogecoin (DOGE) Trading Pair As Leading Memecoin Tracks Sideways

April 30, 2023 The Daily Hodl

Altcoins

The world’s largest crypto exchange by volume has launched a new trading pair for Dogecoin (DOGE) as the top memecoin continues to consolidate. Binance customers can now swap DOGE with the stablecoin TrueUSD (TUSD). TUSD, which aims to maintain a 1:1 peg to the US dollar, is the fifth-largest stablecoin by market cap. Dogecoin is […]

The post Top Crypto Exchange Binance Rolls Out New Dogecoin (DOGE) Trading Pair As Leading Memecoin Tracks Sideways appeared first on The Daily Hodl.

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31

April 25, 2023 Bitcoin.com

Tether Grows 2.3% as Stablecoin Economy Loses .4 Billion in Value Since March 31

Altcoins

While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3% during that time. Four […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

March 30, 2023 Bitcoin.com

Altcoins

Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD stablecoins increased by 218%. TUSD Supply Swells, Tron-Issued Stablecoins […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply

March 26, 2023 Bitcoin.com

Altcoins

According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed. […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums

March 13, 2023 Bitcoin.com

arbitrageurs

On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold at premiums. Tether reached a high of $1.04 per unit and […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

March 3, 2023 Bitcoin.com

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below Billion Range

Altcoins

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number of tethers in circulation has […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting

February 23, 2023 Bitcoin.com

Altcoin issuance

On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization. Archblock Uses Chainlink to Verify Reserves Before […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

February 21, 2023 Bitcoin.com

Auto-Conversion

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by […]

tusd