Decentralized finance (DeFi) has seen a massive explosion over recent weeks and months, reaching a total value locked of $7.13 billion according to DeFi Pulse.
The post Analyst: it’s “scary” how much of DeFi runs on Tether and USD Coin appeared first on CryptoSlate.
On Crypto Twitter and in the media, Bitcoin is touted as the one way through which anybody in the world can reliably skirt capital controls.
The post Analyst: Tether (USDT) may be doing more to skirt capital controls than Bitcoin appeared first on CryptoSlate.
Tether (USDT) has seen extreme growth since the start of the year.
The post Analyst: Tether (USDT) may actually store more value than Bitcoin appeared first on CryptoSlate.
Throughout the past year, traders, users, and investors appear to have been driven primarily to three digital assets, which now account for 90 percent of the trading volume seen amongst the top ten cryptos. This comes as the thousands of other digital assets that have sprouted up in recent years are seeing virtually no trading […]
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