The crypto market has been crashing today and the bleeding market’s losses have been worrisome for investors in the domain. Therefore, a huge portion of the crypto investing community decided to shift to the various U.S. dollar-backed stablecoins which include Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). However, …
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TerraClassicUSD (USTC), the stablecoin by Terra blockchain, has been witnessing a gaining spree lately. Not only USTC but one can also see that the rebranded version of LUNA known as Terra Classic (LUNC) is surging too just like it did the past week. Before talking about the price movements let’s …
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Katherine Polk Failla, who serves as a judge in the U.S. District Court for the Southern District of New York, recently ordered the parent company of Tether (USDT) to provide financial records of the USDT stablecoin in the court as a part of the proceedings. The legal case does not …
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Glassnode, a popular blockchain analytics company has recently reported that the daily transaction volume of USD Coin (USDC) has increased heavily. It mentioned that the transaction volume has increased four to five times as compared to its primary rival, Tether (USDT). In addition to this, the stablecoin USDC popularity increase …
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