Cryptocurrency
These 4 popular stablecoins have only benefited from USDC’s troubles

Circle, the issuer of the second-largest stablecoin USDC by market capitalization, announced last Friday that it keeps about $3.3 billion in cash reserves at Silicon Valley Bank. Amid the news, the asset temporarily lost its peg to the U.S. dollar and fell to $0.87.
The intervention of the U.S. and UK regulators contributed to the rapid recovery of USD Coins. Despite this, the confidence of the cryptocommunity in the company was noticeably shaken, and many investors rushed to transfer funds from USDC to other stablecoins. Circle’s four competitors were luckier than the rest: let us tell you who made the list.
Tether (USDT)
Tether is the most controversial company on our list. Back in 2021, Alex Mashinsky, CEO of bankrupt cryptocurrency lender Celsius, told the Financial Times that Tether mines USDT against bitcoin and Ethereum for some big clients. Such actions directly contradict the company’s own terms and conditions.
According to the last published audit report, dated December 2022, 82% of the company’s reserves are held in “cash and cash equivalents, other short-term deposits and commercial paper,” which primarily consist of U.S. Treasury bills (58.5% of all reserves). Cash and bank deposits account for 8% of the total, with the remainder distributed among funds, reverse repurchase agreements, U.S. non-treasury bills, and other assets.
Before the USDC incident, USDT had a market capitalization of $71.9 billion, which had risen to $75 billion by Monday evening, representing an overall increase of 1.5% over the period under review.
Dai (DAI)
DAI is an algorithmic stablecoin issued by one of the pioneers of decentralized finance (DeFi) MakerDAO. It is backed by cryptocurrency – mostly USDC, although some Ethereum-based tokens can be used to mine new coins.
An algorithmic stablecoin is a digital asset whose exchange rate is tied to a specific currency, a basket of currencies, a cryptocurrency, a basket of cryptocurrencies or other assets. For example, if a coin is pegged to the U.S. dollar at a 1:1 ratio, its exchange rate should always be near the $1 mark. An algorithm is responsible for stabilizing algorithmic stablecoins. It keeps the exchange rate of tokens close to a predetermined level.
Last Friday DAI had a market capitalization of $4.9 billion. By Monday morning it had risen 28.6% to $6.3 billion.
True USD (TUSD) – the most reliable stablecoin
TrueUSD is a centralized regulated stablecoin from TrustToken. Introduced in 2018, 1:1 U.S. dollars fully backs TUSD, confirming Chainlink’s reserve proof.
TrustToken holds fiat reserves in third-party bank accounts owned by trust companies that have signed an agreement to publish monthly audits. This reduces counterparty risk, protects token holders, and makes sure that the TrustToken platform itself has no direct access to funds.
After the SEC opened an investigation into BUSD issuer Paxos, Binance focused on TUSD and smuggled more than 180 million tokens. This explains the rapid growth in its capitalization by 114.5% in the last thirty days.
Last Friday, TUSD had a total value of about $1.3 billion. Over the weekend, it rose 53.8% to over $2 billion.
Liquity USD (LUSD)
LUSD is a native token of the Liquity DeFi lending protocol. Users obtain loans in LUSD using Ethereum as collateral. For every $1.10 ETH blocked in a Liquity smart contract, there is $1 LUSD. This makes the pledge ratio more favorable to borrowers than MakerDAO.
LISD had a market capitalization of about $230 million before USDC decoupled, up 10.4% over the weekend.
We previously reported that Goldman Sachs will increase transaction speeds fivefold thanks to blockchain.
Cryptocurrency
Memereum Surpasses $2M in Presale, Showcases Blockchain Insurance, as Ethereum Holds at $1,900

[PRESS RELEASE – Monaco City, Monaco, March 14th, 2025]
The cryptocurrency market continues to expand with projects aimed at addressing evolving challenges. Memereum has surpassed $2 million in its token presale, indicating investor interest in blockchain-based financial models that integrate yield mechanisms with protective features. Meanwhile, Ethereum remains stable around the $1,900 mark, underscoring its position as a leading blockchain platform.
Memereum’s $2M+ Presale
Memereum’s presale achievement underscores a growing appetite for DeFi services that incorporate proactive risk management. Participants are drawn to the project’s promise of user safeguards, including a unique insurance mechanism. This emphasis on transparency and security has helped Memereum quickly gain traction, showcasing how a robust community and clear utility can attract funding even in competitive market conditions.
Blockchain Insurance Innovation
A key draw for Memereum is its on-chain insurance mechanism, which targets vulnerabilities like rug pulls, hacks, and rapid price fluctuations. By automating premium payments and claims through smart contracts, the platform reduces the complexity and potential bias often associated with traditional insurance. This model may support broader adoption as DeFi users explore mechanisms to enhance asset security while maintaining the efficiency of decentralized trading.
Ethereum at $1,900
While newer projects like Memereum continue to make strides, Ethereum has demonstrated resilience at around $1,900. Analysts attribute this steadiness to a mix of institutional interest, developer engagement, and the network’s ongoing improvements in scalability. As the backbone for many DeFi applications, Ethereum’s consistent performance can further bolster confidence in emerging platforms built on top of it.
Memereum’s Future & How to Join the Presale
Looking ahead, Memereum’s insurance-driven approach may set the stage for more robust risk-mitigation practices across DeFi. As Ethereum continues to anchor the broader ecosystem, projects that prioritize user safeguards stand to gain further adoption.
If you are interested in exploring Memereum’s potential or wish to join the presale, now is an opportune moment to become part of a venture shaping next-generation DeFi security. By integrating real-world insurance concepts with on-chain capabilities, Memereum aims to redefine the DeFi landscape for a broader and more risk-conscious audience.
About Memereum
Memereum focuses on providing a safer DeFi environment by offering an integrated insurance option for various assets. Its tokenomics revolve around a deflationary model, staking incentives, and community governance. By blending these elements, Memereum seeks to expand beyond typical yield protocols, emphasizing user protection and tangible utility for both newcomers and experienced crypto enthusiasts.
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Cryptocurrency
Solaxy Presale Races Past $26M as Analyst Expects it to Pump After Launch

Layer-2 project Solaxy just reached a major milestone – it has raised $26 million before its official launch.
And with one analyst expecting high potential returns for early investors, the buzz around Solaxy (SOLX) is reaching new highs.
Solaxy Aims to Fix Solana as Analyst Expects High Potential for SOLX
Solaxy aims to take the Solana blockchain to the next level.
It’s designed to supercharge Solana by tackling the key issues that sometimes slow it down – network congestion, failed transactions, and scalability limitations.
Basically, Solaxy wants to make Solana faster, smoother, and cheaper.
And this vision hasn’t gone unnoticed.
Umar Khan, an analyst for 99Bitcoins (a popular crypto analysis channel with 700K+ subscribers), recently discussed Solaxy in a video.
He didn’t mince his words – Khan said Solaxy could have major potential after it goes live.
Khan pointed to the project’s high staking rewards and the fact that it’s tackling real problems in Solana’s ecosystem.
He sees this as a strong signal of potential, and a project worth paying attention to.
As he put it, “if you believe in Solana, you are going to love this.”
But Khan isn’t the only crypto analyst hyped about Solaxy – fellow expert ClayBro also said SOLX could “lead the way” in the next bull cycle.
SOLX Token Presale Heats Up with Over $26M Raised
Currently, Solaxy is still in its presale phase, going from strength to strength.
It’s raised $26.2 million at the time of writing, with over $100,000 pouring in daily.
That’s a clear sign of just how much interest the crypto community has in Solaxy.
The current SOLX price is $0.001662, but it will rise every few days, rewarding the earliest investors.
Think of it like early-bird pricing: you get in at a much lower cost.
For those interested, SOLX can be secured through the official website or via the Best Wallet mobile app.
Once the presale wraps up, there will be a Token Generation Event (TGE), after which investors can claim their SOLX.
Solaxy’s Telegram and X (Twitter) communities have been blowing up as the presale unfolds.
There’s lots of talk about a potential price explosion once SOLX hits a DEX.
This often happens with presale projects – more accessibility and visibility can drive up demand, and with it, the price.
Early investors are hopeful this will be the case with Solaxy.
Examining the SOLX Audit, Tokenomics, and Potential
Solaxy team has had SOLX audited by Coinsult, a highly respected blockchain security firm.
That’s a good sign, as it shows they’re committed to transparency and building trust.
Beyond the audit, the project’s tokenomics are also well-structured.
Of the 138 billion SOLX tokens, 25% are set aside for rewards, 30% for development, 15% for marketing, 10% for exchange liquidity, and 20% for the project’s treasury.
So, what does the future hold?
It’s too early to tell if Solaxy will be a success, but if it delivers on its promises – fixing Solana’s congestion issues – it could attract a lot of users, especially developers building dApps.
The planned launch on DEXs and CEXs will increase access, potentially creating more demand.
All signs point to a bright future for Solaxy.
It’s a project that’s on a lot of watchlists heading into Q2 2025.
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Cryptocurrency
These Large Cap Altcoins Are Rebounding Following the Crash, According to Santiment

The crypto market has struggled for eight weeks, causing retail investors to leave the industry or their assets until general sentiments improve. While most assets are in the red, the on-chain intelligence platform Santiment has found signs that some alternative cryptocurrencies are rebounding.
According to a report from the firm, altcoins with large capitalizations like Ripple (XRP), Binance Coin (BNB), Tron (TRON), and Stellar (XLM) have been quietly gaining momentum and even price dominance on bitcoin (BTC).
Altcoins Rebound Amid the Dip
Examining the on-chain activities of crypto projects, Santiment discovered that some are seeing surges in their network utility, active address count, whale activity, exchange inflows/outflows, and social sentiment. This can also be seen in Santiment’s Activity Matrix, which provides data for 114 of crypto’s most well-known assets in eight categories over a three-month range.
Santiment said the Activity Matrix indicates some projects have the potential to turn their fates around in the near future. The firm noted that most assets would see their lowest network activity in a year because retail traders could be waiting for market sentiment to improve before returning to their positions. Some assets witnessing this include Pepe (PEPE), Chainlink (LINK), and Shiba Inu (SHIB).
“Well, unfortunately, the price trend is more likely to continue for these projects than others. Ideally, during a market-wide price downturn, we see sudden pick-ups in whale transactions (indicating accumulation from them) or network growth (indicating upcoming on-chain transaction increases),” Santiment explained.
Positive Network Metrics
Santiment’s analysis found top candidates for each category in the Activity Matrix, including Dogecoin (DOGE), Pax Gold (PAXG), Magic Token (MAGIC), Audius (AUDIO), Uma (UMA), Joe (JOE), and Threshold (T).
DOGE is experiencing the highest rise in address activity. This means there is a rising amount of unique addresses interacting on the coin’s network, with an increasing number of individuals on the sending or receiving side of transactions.
For the highest network growth, Santiment highlighted PAXG as the top candidate, indicating that the network has more opportunities for rising utility in the future. Magic Token is seeing the highest number of transactions surpassing $100,000 in value. This shows that major stakeholders are taking an increasing interest in MAGIC.
Furthermore, Audius is seeing the highest rise in positive sentiment across crypto communities, while Uma is dominating discussions on social media platforms. PAXG emerged as another top candidate for exchange outflows, while Joe and Threshold are the top Mean Dollar Invested Age and Age Consumed risers, respectively.
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