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TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says
27.6.2023
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust
Circle CEO 'able to access' $3.3B of USDC's reserves at Silicon Valley Bank
15.3.2023
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT
Key takeaways from USDC $44.5 reserve report
30.1.2023
Circle has released its reserve report for December 2022 highlighting over-collateralized asset holdings currently backing 44.5 billion USDC tokens in circulation
Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders
13.12.2022
Binance endured $902 million of net outflows in the past 24 hours, according to data by Nansen
Crypto no more in top 10 most-cited potential risks: US central bank report
7.11.2022
The U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns
Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin
14.7.2022
The asset breakdown comes at a time when crypto firms and their finances are under increased scrutiny in the on-going crypto credit crisis
Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: report
1.12.2021
Fed governor Randal Quarles resigned his position effective as of the end of December, while Richard Clarida is expected to leave in January 2022, leaving three vacancies in the group of seven serving at the Federal Reserve
Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...