Binance Observes Largest Stablecoin Net Outflow In History: Report
The cryptocurrency exchange Binance has recently observed its largest stablecoin net outflow in history, as revealed by a report. Binance ...
Tag: USDT
USDC Outflow Surpasses $10 Billion, Are Investors Losing Interest In The Stablecoin?
Since the Silicon Valley Bank (SVB) fallout negatively impacted Circle’s USD coin (USDC), the stablecoin has recorded significant outflows. This ...
Tether Claims $1.6 Billion In Excess Reserves To Back Its Stablecoin
The number one stablecoin by market cap has announced it will reach $1.6 billion in excess reserves of Tether (USDT). ...
$1B USDT Moved Off Crypto Exchanges In 4 Days, What Are The Whales Up To?
No doubt the crypto environment has seen major headlines impacting the market in several ways over the past few weeks. ...
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 Hits All-Time Low As Investors Pull Out Funds From The Stablecoin
USDC has been hit with a bearish wave following news of the collapse of Silicon Valley Bank on March 11. ...
OKX Seizes 2 Million USDT Linked To CELT Exploit, Plans Restitution
The Seychelles-based crypto exchange OKX recently started investigations into the platform following the users' allegations of market manipulation of the ...
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 ...
