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Category stablecoin assets

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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
GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut

GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut

In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and Firs...
Aug, 03, 2023
2 min read
by Bitcoin News
USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum

USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum

Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) ...
Jun, 02, 2023
2 min read
by Bitcoin News
Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the la...
Mar, 30, 2023
2 min read
by Bitcoin News
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident

On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stabl...
Mar, 11, 2023
2 min read
by Bitcoin News