The recent crisis surrounding Circle's USD Coin (USDC) stablecoin may have inadvertently boosted Bitcoin, according to an analysis by Twitter user Byzantine General. The analysis suggests that people have resorted to buying Bitcoin and shorting
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Ripple CTO David Schwartz, in response to questions on whether the company had exposure to the collapsed SVB, says an official statement will soon be issued. He refrains from saying anything until a statement is
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Former director of developer relations at Ripple, Matt Hamilton, stated that XRP Ledger was the first blockchain to support what are now commonly referred to as stablecoins. Hamilton's remarks came at a time of heated
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Following the storm in the stablecoin sector in recent days, Djed, the stablecoin developed by COTI on Cardano, has gained a premium over the rest of the market and at one point was even trading
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XRP has been in a downtrend for the last few weeks, moving in a descending channel. However, the asset has now reached a pivotal support level that could determine its next move. If XRP breaks
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The XRP community is anxiously awaiting a statement from Ripple regarding the failed Silicon Valley Bank (SVB) and Ripple's exposure to it. Ripple CTO David Schwartz recently tweeted that the San Francisco-based company would issue
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While millions of USD Coin (USDC) holders started a "bank run" and swapped their stablecoins to alternatives (largely to its key rival U.S. Dollar Tether), seasoned investor Dovey Wan is sure that the effects of
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Justin Bons, Cyber Capital founder and CIO, has taken to Twitter to voice his latest criticism of the Solana blockchain. Bons says he does not see the point of Solana's blockchain in the long term.
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The exposure of USD Coin (USDC) reserves to collapsed banking entities in USA is too low to put the second largest stablecoin in trouble, researcher says. That's why the worst may have already happened to
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Cardano founder Charles Hoskinson voices his faith in algorithmic stablecoins in the long term as being essential to fully realizing the original vision of Bitcoin. This comes in the wake of the embattled Silvergate and
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