Tether’s USDT supply fell to $183.7 billion in February, down 1.7% from January, marking its biggest monthly decline since the FTX collapse. The drop comes as redemptions outpace new issuances, influenced by Europe’s MiCA regulations, Bitcoin’s 23% decline this year, and investors moving to alternatives like USDC. Despite the supply contraction, USDT’s $1 peg remains stable, backed by solid reserves, showing continued market confidence in the stablecoin.
As the crypto market turned bullish, the Ethereum price quickly climbed above $2,250, following a…
Bitcoin is up 7.3% on the week, trading at $73,238. Ethereum has climbed 12.34% in…
An Australian Senate committee has backed a bill that would bring crypto platforms and custody…
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Abstract When traders search for the best CFD trading platform, they’re usually evaluating three things:…
The crypto market moved higher today, led by Bitcoin, which surged to around $74,300, marking…
