$70M in Fresh On-Chain USDC Positions at Risk of Liquidation if Stablecoin Depegs by 10%

2023-3-14 18:07

Traders using decentralized finance (DeFi) protocols to bet on a USDC revival over the weekend are at risk of eight-figure liquidations if the stablecoin loses its $1 peg again this week.

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USCoin (USDC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 USDC

risk stablecoin usdc weekend week revival eight-figure

risk stablecoin → Результатов: 68


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This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside

XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […]

2020-5-22 23:00


Bitfinex-Tether episode hardly affects stablecoin; continues to be pegged with cryptos despite systematic risk

The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million.

2019-5-1 19:30


USDDex Company: Safe to Use ERC20 StableCoin Pegged to the US Dollar?

What Is USDDex? USDDex is a New Stablecoin based on Ethereum ERC-20 standard. It provides users with decentralization, security, stability, and reliability in the volatile cryptocurrency market. The stable coin is pegged to the US dollar, thus providing traders with the opportunity to change their money into cryptocurrency without the risk of price fluctuations, as is […]

2019-3-21 11:42


Ripple CEO Questions Use Case of JPM Coin, Believes It is More Prone to Risk than XRP

A recent CoinDesk report revealed Ripple’s CEO, Brad Garlinghouse’s viewpoint on JP Morgan Chase’s official announcement of its stablecoin, JPM Coin. While Garlinghouse appears to encourage and applaud JP Morgan Chase for their new endeavor, he supposedly feels discomfort with respect to the global financial services’ approach in using the said token. The JPMCoin was […]

2019-3-7 17:57