The value of United Stables (U) has seen a slight increase, reaching A$1.42 today. This marks a 0.01% rise from an hour ago and a 0.07% increase since yesterday. Compared to its value a week ago, U is up by 0.03%. In the last 24 hours, the trading volume for United Stables was A$43.6 million.
The Australian Dollar (AUD), the official currency of Australia, is influenced by commodity exports like gold and iron ore. AUD-backed stablecoins, such as United Stables, offer a way to transact in cryptocurrency while maintaining value stability.
United Stables' conversion rates have remained relatively stable over different time frames. For instance, 1 U is worth A$1.42 today, the same as yesterday and a month ago, but slightly higher than a year ago. The circulating supply of U is 1,606,644,735, and its all-time high was 1.52 AUD.
In other news, hackers recently hijacked a dozen DeFi websites registered with Name.com, stealing about $138,000. Additionally, Chainalysis reported that a hacker using 'offensive agentic techniques' accessed customers' names and emails. The largest crypto hack on record involved a breach of Binance for $6.3 billion, with President Trump indicating an investigation into the incident.