Avalanche is now the 10th largest stablecoin network $AVAX stablecoin supply jumped 16.35% in the past week to $ 1.66B, with BlackRock’s BUIDL among the largest assets on the network. #AVAX
Sui announces stablecoin transactions will soon be private by default with Mysten Labs co-founder Adeniyi Abiodun arguing this addresses a key institutional barrier around publicly exposing holdings. $SUI #sui
8 years ago, 5,400 $LTC was worth nearly $2M at its peak. At today's price of $50, that same stack is worth just ~$270K. The harsh reality of crypto. #LTC
Most crypto tokens exist for speculation. Few are built around actual network utility. $ LIB is the native token of the Liberdus network. Every transaction on the network requires $ LIB to cover fees. Every governance decision from adjusting validator rewards to setting fee structures is voted on by $ LIB holders. This means the people who use the network are the same people who govern it. There's no separate governance layer, no foundation making decisions behind closed doors. The rules of the money are decided by those who hold and use it. Fixed supply of 210 million tokens, no inflation, no dilution. Just a token that does exactly what it says. #Liberdus $ LIB #Web3 $XRP #XRP
StablR’s $USDR and $EURR stablecoins were exploited after an attacker compromised an admin key used in a 1-of-3 multisig setup. The attacker minted 8.35M $USDR and 4.5M $EURR without collateral. Approximately 1,115 ETH was drained during the exploit Following the incident, USDR fell to around $0.63, while EURR dropped to approximately €0.77, breaking their pegs significantly. #ETH #USDR #EURR
Aave founder Stani Kulechov says revenue remains DeFi's key metric for sustainability with plans to grow revenue streams, expand GHO, and scale the Aave app over the next 12 months. #AAVE $AAVE