STASIS EURO News
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2024
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2024
May / 05- Massive $4 Billion Stablecoin Outflow Shakes Crypto Exchanges
- May 05, 2024 at 03:01 am
- Due to the recent collapse of crypto exchange FTX, stablecoin cryptocurrencies have experienced a massive market drawdown of $4 billion, with a significant withdrawal from exchanges like Binance. Binance alone saw $3 billion leave its platform, raising concerns about potential withdrawals from other crypto exchanges. Stablecoins, known for price stability due to their fiat currency value peg, have seen a reduction in trading volume to $38 billion. The report highlights a significant increase in USDT balances and a drop in USDC market share, reflecting the impact of market conditions on the crypto landscape.
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2024
Mar / 22- Is the Dollar's Hold on Crypto Too Strong?
- Mar 22, 2024 at 09:00 pm
- In the crypto sphere, the dollar's hold remains strong through dominant stablecoins like USDT, USDC, and Dai. USDT, in particular, stands out with a 71.4% market share, showcasing its resilience and unwavering popularity among traders. Despite occasional controversies, the dollar-backed stablecoin continues to prove itself as an unstoppable force in the ever-evolving world of digital assets.
- Stablecoins Dominate Real-World Asset Adoption
- Mar 22, 2024 at 06:13 pm
- In the realm of real-world asset adoption, stablecoins dominate the landscape. The 2024 Real World Asset Report highlights the significant role of stablecoins, particularly those tied to the US dollar, in driving the adoption of assets within the digital economy. USD-pegged stablecoins lead the charge, with Tether reigning supreme, boasting a market capitalization of $96.1 billion. USDC and Dai follow closely, but Tether maintains its unchallenged dominance, capturing 71.4% of the market share.
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Communtity feeds
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- Twitter source
- Elon Musk (Parody) Nov 24, 2024 at 04:35 pm
$DOGE $1 incoming -
- Twitter source
- 𝓥 𝑭𝒐𝒓 𝑲𝒓𝒊𝒑𝒕𝒐 Nov 24, 2024 at 04:31 pm
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I made over $5,000,000 trading memecoins this month. I will change the life of one of my followers by giving away 400 $SOL (~$100,000) To enter: Like, RT and comment address Many keep asking me for my next play: I just put 25 SOL into the presale, I believe this
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- Twitter source
- Mr. Crypto Whale🐋 Nov 24, 2024 at 04:23 pm
I made over $5,000,000 trading memecoins this month. I will change the life of one of my followers by giving away 400 $SOL (~$100,000) To enter: Like, RT and comment address Many keep asking me for my next play: I just put 25 SOL into the presale, I believe this -
- Twitter source
- BossofSolana Nov 24, 2024 at 04:21 pm
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- Twitter source
- UNKNOWN TRADER Nov 24, 2024 at 04:21 pm
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