📰 News and Market Updates 📰
Major news - GENIUS Act's ban on yield-bearing stablecoins might not deter institutional investors, potentially driving trillions into tokenized real-world assets, boosting stablecoin adoption.
LUNA and UST seeing significant price changes - LUNA down 3.19% in 24 hours with a market cap of $110 million, UST down 1.62% in 24 hours with a market cap of $324 million.
Terraform Labs co-founder Do Kwon changing plea in ongoing criminal case, potentially impacting LUNA and LUNC prices. LUNC seeing a 2.17% drop in 24 hours with a market cap of $338 million.
Stablecoin adoption is on the rise, and institutions are taking notice. Keep an eye on these developments, and remember - adaptability is key in this space. 🚀 $LUNA $UST $LUNC
6.5K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.