In a recent report by Moody’s Analytics, an unsettling pattern emerges within the cryptocurrency landscape. Throughout 2023, large-cap stablecoins, boasting a market valuation exceeding $10
Tag: Depegs
TrueUSD (TUSD) Depegs, Rises To 70% On Curve Pool After Prime Trust Disaster
While TrueUSD (TUSD) denies its exposure to crypto custodian Prime Trust, it has depegged for the second time this month. Prime Trust was placed into
Tether (USDT) Depegs After Curve-Aave Loan Saga; Spooks Crypto Market
Tether (USDT), the leading stablecoin having $83 billion market cap, slightly depegged from the typical 1:1 ratio with the US dollar on Thursday. The move
USDT Depegs Again As Whales Dump Largest Stablecoin
Whales have been selling off significant amounts of Tether (USDT), the largest stablecoin in the cryptocurrency market, leading to a surge in its dominance within
Binance Moves Millions Of Ethereum (ETH) For Staking As BETH Depegs
The world’s largest crypto exchange Binance is moving Ethereum (ETH) worth millions for staking as Binance’s BETH price fell after the U.S. Securities and Exchange
Massive Reshuffling In Crypto Market As Binance’s BUSD Depegs To Tether
Binance’s BUSD stablecoin market capitalization continues to fall as users convert their BUSD stablecoins to Tether’s USDT. The move comes as the New York Department
Justin Sun USDD Depegs, TRX Drops By 8%; Here’s Why
The global digital asset is struggling to keep up due to recent events like the collapse of Sam Bankman-Fried (SBF)’s FTX crypto exchange and FTT
Breaking: Justin Sun’s USDD Stablecoin Depegs To $0.96, Tron (TRX) Dumped
Justin Sun’s algorithmic stablecoin USDD depegs again and falls to $0.96. Tron blockchain’s native algorithmic stablecoin failed to repeg against the US dollar following the
