$53 Billion In USDT & USDC Entering Exchanges Daily Now: Why This Is Bullish For Bitcoin
Data shows the exchange inflows of Tether (USDT) and USD Coin (USDC) have spiked recently. Here's why this could be ...
Tag: USD Coin
Whales Buy Up 5% Of Stablecoin Supply, What Are They Up To?
On-chain data suggests the whale entities have bought up around 5% of the supply of the major stablecoins over the ...
USDC Vs USDT: Which Stable Do Institutional Traders Prefer?
Here's what data suggests regarding which of USD Coin (USDC) and Tether (USDT) do institutional stablecoin investors prefer. Average Transaction ...
USDT Dominance Hits Highest Level Since May 2021, While USDC Slumps
Data shows Tether (USDT) has recently observed growth in its dominance, while USD Coin (USDC) and others have lost market ...
Tether Benefits From USDC Chaos, USDT Dominance Now 58%
Data shows Tether USD (USDT) has benefited from the recent chaos with the USD Coin (USDC) peg, as the stablecoin's ...
USDC Issuer Circle Reveals It Couldn’t Withdraw $3.3 Billion From Silicon Valley Bank
Stablecoin issuer Circle disclosed late Friday that around $3.3 billion of its $40 billion USDC reserves remained at Silicon Valley ...
Stablecoin Issuer Sets Ambitious Hiring Goals For 2023, Eyes 25% Staff Increase
Stablecoin issuer Circle ended 2022 with approximately 900 employees and has announced plans to add 135 to 225 new personnel ...
Stablecoin Exit Of 2022: $14.3 Billion Redeemed Since March
2022 has been the year of mass exit from stablecoins as more than $14.3 billion has been redeemed from these ...
