Cryptocurrency: What Are Stablecoins?
You don’t have to be involved with cryptocurrency for a long period of time to understand that the price of most cryptocurrency assets are extremely volatile. This volatility makes maintaining value in regular transactions difficult at best. Stablecoins provide an
Turkish Lira Plunges as Crypto Trading Volume Peaks
Crypto activity in Turkey is currently at a peak because of the events surrounding the value of the Turkish Lira. Currently, crypto trading volumes in Turkey have surpassed one million daily. This comes as the Lira takes yet another plunge. The slump
Tether Holdings Surpass Insured Deposits In Many U.S. Banks
Tether has reported more than $50 Billion in circulation. This is more than the insured deposits in most U.S. banks.Tether is a crypto stablecoin pegged to the U.S. Dollar. This is an excellent record for the token, given that it is
Binance Introduces COIN & USDT Margined Categories
The Binance cryptocurrency exchange is always in the news. Recently their latest move in the cryptocurrency space was their combined COIN and USDT margined futures volume hit a daily all-time high of $13 Billion. The top crypto exchange recently announced the
80% of Top Stablecoins Controlled by Less Than 6 Accounts
CoinMetrics reported that very few accounts in each of the stablecoin networks hold the majority of the total capitalization of these top five stablecoins. The published report revealed that there was severe centralization among several top stablecoins with only six accounts
$1 Billion USDT on Binance Sidelines
Tether (USDT) is easily one of the most important coins in crypto history. As the first stablecoin available in the cryptocuyrrency space, it has set a sort of bench mark for the plethora of stablecoins which have followed. However, the history
Huobi Pairs Turkish Lira With Tether
The citizens of Turkey have come to rely heavily on cryptocurrencies in an attempt to deal with the difficult financial situation that has taken hold in the country. In a move by crypto exchange, Huobi the people of Turkey will