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Avalanche Remains Under Pressure Despite Circle’s CCTP Effort

Avalanche Remains Under Pressure Despite Circle's CCTP Effort native currency of Avalanche, AVAX, remains under pressure despite Circle's effort to launch a facility that will enable the direct transfer of USDC between Ethereum and Avalanche blockchains. Avalanche (AVAX) Is Down 18% From April 2023 Peaks Avalanche is a smart contracting platform with sub-second transaction finality and a rival of Ethereum. However, considering the […]The post appeared first on Bitcoinmag.
Terra Classic Recent Efforts Could Benefit LUNC's Growth Potential Classic has been doing extensive clean-up work following the Terraport hack which shook the foundation of the ecosystem. This even led to the de-peg of the ecosystem's stablecoin, USTC, leading to another catalyst for the bears to exploit. Despite this, Terra Classic is putting in the work to re-anchor USTC to the US dollar. […]The post appeared first on Bitcoinmag.
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