Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement

Crypto Exchange Binance to Use Twitter as Web 3 ‘Sandbox,’ Help Musk Fend Off Bots: Exec

The overall market capitalization of stablecoins fell for a 10th consecutive month in January, to $137 billion, according to a report by research group CryptoCompare. Stablecoin dominance within the broad cryptocurrency market dropped to 12.4% from its all-time high of 16.5% in December, suggesting traders have been rotating from stablecoins into riskier assets, CryptoCompare said.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*