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Nalezeno "28% of supply": 1166

Tether's USDT Stablecoin Supply Crosses $84 Billion Mark Amid Market Rally


Tether’s stablecoin USDT reached a milestone on October 21 by surpassing the $84 billion supply mark. Data from Messari indicates a week-on-week increase of about $1 billion, coinciding with the current market rally--spurred by optimistic sentiment over the possible approval of a Bitcoin spot...

10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation


Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top...

HayCoin Price Soars as Uniswap Creator Burns 99.99% of Test Coin Supply


HayCoin, a test coin created by Uniswap founder Hayden Adams, has experienced a dramatic surge in value after Adams decided to burn 99.99% of the token's supply.  At the time of writing, HayCoin is trading at $2,538,123, up by more than 273% over the past day, according to data from CoinGecko. ...

Chinese Bank Rolls Out Digital Yuan Supply Chain Financing Solution


More Chinese banks want to use digital yuan-powered smart contracts in their operations, and hope to use the CBDC in the financing of supply chains. Per Xinhua (via the People’s Daily), the Agricultural Bank of China will work on a solution with Luzhou Laojiao. The latter is a traditional alcohol...

Ethereum's Supply Surges: $47 Million Worth of ETH Added in 30 Days


Ethereum's recent supply surge has raised concerns among crypto enthusiasts as over $47 million worth of Ether (ETH) tokens were added to circulation within the last 30 days. The development comes as a surprise to many Ethereum proponents who expected the transition to proof-of-stake (PoS) last...

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