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Category redemptions

MainNewsredemptions
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions

Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions

Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has expe...
Aug, 06, 2024
by Bitcoin News
Casascius Bitcoin Peels: $10M Cashed in 2023, Yet a $1 Billion Stash Remains Unclaimed

Casascius Bitcoin Peels: $10M Cashed in 2023, Yet a $1 Billion Stash Remains Unclaimed

While bitcoin (BTC) is already a limited asset, Mike Caldwell’s Casascius physical bitcoins take rarity to a whole new level. Between 2011 and 2013...
Sep, 04, 2023
3 min read
by Bitcoin News
Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume

Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume

In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among ...
Aug, 07, 2023
2 min read
by Bitcoin News
Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks

Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks

The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion...
Jul, 12, 2023
2 min read
by Bitcoin News
Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June

Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June

The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, accordi...
Jul, 02, 2023
2 min read
by Bitcoin News