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Binance’s Bold Cut: How Shedding Stablecoins Shakes the Crypto Scene

OnelJuly 16, 202507 mins

When the globe’s top crypto marketplace by trading volume dropped support for a handful of stablecoins, reactions ranged from stunned disbelief to grudging applause — including from the issuer of the very largest stablecoin facing the boot. On Monday, Binance declared it would no longer facilitate trading of USD Coin (USDC), Paxos Dollar (USDP), and…

Terra’s USTC Surges 300% Amid Bitcoin-Backed Revival and Binance Perpetuals Craze

OnelJuly 1, 202506 mins

TerraClassicUSD (USTC) rocketed by 300% within a week, ignited by a bitcoin-collateralized reboot plan alongside Binance’s launch of its perpetual futures contract. USTC and LUNC remain the last vestiges of the defunct Terra ecosystem, which imploded in May of last year. The blast-from-the-past tokens, TerraClassicUSD (USTC) and its counterpart Terra Luna Classic (LUNC) — relics…