Tether addresses depeg fears as Binance.US faces 8% Bitcoin discount
Bitcoin (BTC) and other digital assets, including Tether (USDT), are currently trading at an 8% discount on Binance.US, a situation...
Depeg
Mysterious whale ‘0xd275e’ linked to FTX collapse, Tether depeg, and recent $75M token transfers
Recent on-chain activity involving the Ethereum address ‘0xd275e‘ has caught the attention of the crypto community.Through CryptoSlate‘s on-chain analysis, no...
Curve pool imbalance triggers USDT depeg concerns: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
USDT depeg sends shivers through traders, but its dominance sustains
USDT’s depegging incident rattles traders with significant market impact and increased activity. Despite the depegging, USDT maintains dominance with the...
TUSD regains $1 parity after three-day depeg
TrueUSD (TUSD) has regained parity with the U.S. dollar. The stablecoin lost true parity with the US Dollar on June...
Avalanche Transactions Mooned During USDC’s Temporary De-Peg in Q1 2023: Nansen
In Avalanche’s fourth-quarter report shared with CryptoPotato, data and analytics platform Nansen reported a heavily volatile daily transaction count on...
USDC Depeg Insurance From Etherisc Hits Market
Decentralized insurance protocol Etherisc on Thursday announced its new peer-to-peer coverage option, meant to potentially cover participating users should USDC...
USDC’s Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins
Other, smaller-circulation stablecoins lost their pegs, too, including BUSD, issued by Paxos, and crypto-backed stablecoin DAI, issued by MakerDAO. Only...
USDC in circulation fell over 10% since de-peg event
The stablecoin market has seen significant changes over the past few weeks — including the removal of over 7 billion...
How The USDC Depeg Will Impact DeFi, Expert Explains
Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to...