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Stablecoins Ain't So Stable
Manage episode 347346660 series 3346282
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JP Morgan notes that consumers are fleeing from stablecoins, major exchanges are pausing USDT and USDC deposits on Solana, and FTX's liquidator makes a BOLD claim about financial info at the bankrupt company.
JPMorgan: The Shrinking Stablecoin Market Is Another Sign of Investors' Exodus From Crypto
Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
Former Enron Liquidator Finds' Complete Absence of Trustworthy Financial Information' at FTX
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