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💵 Expert Explains What Backs #Stablecoins and What Happens When You Swap Them USDT and other stablecoins are backed 1:1 by reserve assets like dollars or equivalents. Even if you convert them into #Bitcoin or altcoins, the collateral stays intact—so the
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JUST IN: Legendary rapper Drake raps about #Bitcoin in his new song: “I look at this sh*t like a BTC. Could be down this week, then I’m up next week” 🚀
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🇨🇦 JUST IN: A #Canadian woman is suing her phone company after losing 12 #BTC in a SIM swap scam—worth over $1.8 million today. She alleges a store employee gave her info to a hacker. Now, a B.C. court may force the case into private arbitration.
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📉DEVELOPING: #Crypto exchange volume has slowed since early June, with the monthly average dropping to $5.9B—just 7% above the yearly average of $5.5B. 🚨 The modest premium signals waning investor interest and slowing #network activity, even as prices consolidate. Source: glassnode
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💵 JUST IN: @Tether_to now holds approximately 65% market share of the entire #stablecoin supply—solidifying its dominance in the sector. Source: Token Terminal
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Latest News
Bitcoin(BTC) Surpasses 108,000 USDT with a 0.41% Increase in 24 Hours
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Ethereum Falls Below $2500 Amid Daily Decline
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Ethereum(ETH) Drops Below 2,500 USDT with a Narrowed 0.20% Increase in 24 Hours
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Zama CEO Warns Against Fraudulent Token on PancakeSwap
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Cryptocurrency Market Experiences $102 Million in Liquidations Over 24 Hours
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