Morgan Stanley: Falling Stablecoin Issuance Is Negative Sign for Crypto Trading

is a type of cryptocurrency whose value is pegged to another asset, such as the U.S. dollar or gold.

In the crypto bull market of 2021, bitcoin’s price led the growth in stablecoin market capitalization, while during the bear market of 2022 the opposite occurred, the note said.

MorganStanley willcanny99 I’ve traded. Never bought a stablecoin in my life

MorganStanley willcanny99 offers a fantastic opportunity, By minting on their innovative platform, you can enjoy early access to the Alpha Club and token airdrops. Don't miss out on this amazing opportunity to be a part of the future of NFTs. web3 nft bluechip hype fleamintnft

MorganStanley willcanny99 Stablecoin regulation might not be the worst thing I always tend to lean on education though I would prefer people educated themselves so that 'bad' stablecoins end up not being used by people

MorganStanley willcanny99 I see why the war on BUSD now...

MorganStanley willcanny99 Nfts are also very vital, I'm hyped about FleamintNFT ,the concept that's geared towards establishing a one-stop-shop for all things web3 & so much more is very prospective IMO & I'm not missing out on their ongoing genesis sale on web3 bluechip hype

MorganStanley willcanny99 Lmao crypto = socialism = scam = 💸💸💸

MorganStanley willcanny99 $XLM XLM Stellar StellarLumens

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Bitcoin, Ether Falling as Paxos To Stop Minting Stablecoin BUSDBitcoin slipped below $22,000 as stablecoin issuer Paxos announced the company would stop minting new Binance USD (BUSD) tokens following the threat of legal action from the U.S. Securities and Exchange Commission (SEC). Ryan Grace, tastycrypto Head of Digital Assets, discusses how this will impact the market sentiment. tastycrypto_ RyanFredGrace $TAO is the next $BTC, don't miss it and don't say no one told you guys. Most likely listing on mexc soon tastycrypto_ RyanFredGrace No it’s because of increased liquidity in the system. Fed hasn’t signaled what he’s saying either and the market hasn’t varied much from what Jay has said
Source: CoinDesk - 🏆 291. / 63 Read more »