W

World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks

Finance
Share
World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks

World Liberty Financial’s USD1 stablecoin saw its market cap decrease more than $400 million over two weeks of large redemptions on Ethereum and BNB Chain.

World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks

World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks


Source:Cointelegraph

Disclaimer:Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

US sanctions Canadian money-exchange firms over Iran ties

US also offers as much as $20 million and possible relocation for information about Iran’s nuclear program. Source:Cointelegraph

Suspicious prediction market activity seen before election poll release: NYT

Bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report. Source:Cointelegraph

Nvidia may face a more hostile post-election Washington: Report

CEO Jensen Huang’s relationship with President Donald Trump probably won’t save the company from a more adversarial Washington, Semafor says.…

Elon Musk opens the door for a big SpaceX acquisition

The rocket and satelliteinternet company is looking to challenge telecom giants. Source:MarketWatch

Source:https://cointelegraph.com/news/world-liberty-usd1-stablecoin-market-cap-drops-400-million