Stablecoin Purchases Surged Amid Wednesday’s Crypto Market Drop

The crypto market took a turn for the worse on Wednesday when it lost nearly $30 billion in total market capitalization – but not every asset struggled to find buyers. In fact, certain stablecoins like USD-C, TUSD and DAI each witnessed a more than 200 percent increase in 24-hour trading volume amid the broader market sell-off […]

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Which Stablecoin Is the Riskiest? The Crypto Market Is Pricing That In

The market is starting to differentiate between stablecoins, even though these cryptocurrencies are all designed to trade 1-to-1 with fiat. Several U.S. dollar-pegged cryptocurrencies are now trading either significantly higher or significantly lower than the greenback, reflecting investors’ perceptions of their relative risk. Given that stablecoins are typically used as on-ramps for investors looking to […]

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