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Indian Crypto Exchange WazirX Says Userbase Has Grown Tenfold in 2021

Indian Crypto Exchange WazirX Says Userbase Has Grown Tenfold in 2021

Binance-owned Indian cryptocurrency exchange WazirX said its userbase has grown by over 10 times this year to 10 million. WazirX recorded trading volume of over $38 billion year to date, equating to average monthly growth of 44%, the exchange announced on Friday. The company reported growth of 2,648% in user signups from Tier II and …

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Unsealed DOJ documents say alleged money launderers tried to bribe U.S. officials using Tether

Tether’s supply hasn’t grown since the start of June. Here’s why

The supply of the stablecoin Tether (USDT) has been flat since the beginning of this month, according to The Block’s Data Dashboard. From June 1 to June 17, USDT’s supply has remained at $64.25 billion. No growth in USDT suggests that there is currently no demand for the stablecoin in the market and there is …

Tether’s supply hasn’t grown since the start of June. Here’s why Read More »

The total supply of stablecoins has grown 94% since early February

The total supply of stablecoins has grown 94% since early February

The total supply of issued stablecoins has grown 94% since early February, according to The Block Research’s findings. In that time, the total supply grew from $5.68 billion to $11.0 billion. During May, that figure rose from $9.6 billion to $11 billion. As shown in the chart below, the vast majority of stablecoin growth has …

The total supply of stablecoins has grown 94% since early February Read More »