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Stablecoins flow out of exchanges, move into DeFi protocols

Stablecoins flow out of exchanges, move into DeFi protocols

Stablecoins are changing their behavior, due to regulations and demand from DeFi. On the last day, 3% of exchange reserves were sent to private wal...
Jun, 28, 2024
4 min read
by CryptoPolitan
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the to...
May, 26, 2024
by Bitcoin News
Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence

Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence

Over the past few years, the stablecoin market has significantly slowed, particularly since mid-2022, following the collapse of Terra’s stablecoin....
Jan, 03, 2024
3 min read
by Bitcoin News
Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience

Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience

The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days....
Jul, 25, 2023
2 min read
by Bitcoin News
MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve

MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve

The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one...
Jun, 15, 2023
by CoinDesk