Bitcoin24h $65,298.93-3.97%

Ethereum24h $1,880.05-4.71%

XRP24h $1.35-5.73%

BNB24h $593.60-5.04%

Solana24h $79.19-6.94%

TRON24h $0.2886-0.27%

Dogecoin24h $0.0922-5.83%

Bitcoin Cash24h $557.08-1.02%

Cardano24h $0.2613-6.14%

UNUS SED LEO24h $8.22-1.96%

Did Jump Crypto cause Solana stablecoin volume to collapse?

This week, a chart appeared to show stablecoin volume on the Solana blockchain declining over 90% since a series of events at Jump Crypto.

Justin Sun’s empire may be on the verge of collapse

A close review of Justin Sun’s wallets and entities reveals assets being quickly moved with inadequate disclosure.

Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.

This dramatic fall in the market cap of TrueUSD follows Binance’s delisting of several TrueUSD pairs on March 15.

Newly-launched ‘synthetic dollar’ Ethena says it’s banking on using CEX liquidity rather than the less popular decentralized exchanges.