USDC Market Cap Plummets to 2-Year Low–Here's 4 Reasons Why
With the market's second-largest stablecoin USDC in something of a death spiral, experts weigh on in what's keeping the digital dollar down.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Laser Digital Japan becomes first new crypto exchange in Japan in four years
Japan's regulatory overhaul and Laser Digital's entry could catalyze institutional crypto adoption, aligning taxation with stock p...
Open Source vs. Source-Available: What the Coldcard Failure Teaches About Bitcoin Software Incentives
Bitcoin Magazine Open Source vs. Source-Available: What the Coldcard Failure Teaches About Bitcoin Software Incentives Closed vers...
LayerZero has lost a dozen partnerships this year
Blockchain interoperability project LayerZero has lost a dozen partners this year as its ZRO token shed a third of its value. The...
FBI gets alleged $165 million crypto Ponzi scheme mastermind back after year-long Fiji escape
Edward Zimbardi has been returned to the US after being deported from Fiji, putting the alleged mastermind of a $165 million crypt...
Fireblocks Network for Payments processes over $100B monthly in stablecoin transactions
Fireblocks' streamlined stablecoin network could accelerate global financial integration, reducing friction in cross-border transa...
Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses
Centralized crypto exchanges lost 31.2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowes...