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.
Results for Stablecoins
101 stories, newest first
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.
— Gold, Stablecoins
Tether’s new asset currently backed by 0kg of gold
Tether has launched Alloy a new over-collateralized stablecoin tethered to the US dollar and backed by Tether Gold.
Justin Sun affiliated TrueUSD market cap collapses 50% in 7 days
This dramatic fall in the market cap of TrueUSD follows Binance's delisting of several TrueUSD pairs on March 15.
Ethena offers 27% on stablecoins but where is the yield coming from?
Newly-launched 'synthetic dollar' Ethena says it's banking on using CEX liquidity rather than the less popular decentralized exchanges.
TrueUSD changes accounting firms… and then de-pegs
TrueUSD has de-pegged across both centralized exchanges and DeFi after switching accounting firms for attestations.
US-based stablecoins suffered in 2023 as key players battle it out
At the end of 2023, algorithmic stablecoins are out, US-based stablecoins are shrinking, and international ones like Tether are exploding.
Tether rarely minded law enforcement, now it suddenly does
A few weeks after US Secret Service and FBI agents began surveilling USDT wallets, Tether announced “voluntary” sanctions compliance.
Nepal smugglers caught selling gold from China for $16M USDT
Nepalese smugglers reportedly moved 33kg of gold from China in flour sacks packed by children before selling it for $16 million USDT.
Tether froze $225M but $70M slipped the net
Tether has frozen approximately $225 million in USDT tied to 'pig-butchering' scams, days after millions were removed.