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Nalezeno "usd": 3165

USDC bounces back toward $1 peg after Fed announcement

13.3.2023
Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg

Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review

12.3.2023
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.”...

Circle Commits to Covering USDC Shortfalls – Ensures Redemption at 1:1 with USD

12.3.2023
USDC issuer Circle has pledged to cover any shortfall in the stablecoin's reserves if it does not receive the entirety of the $3.3 billion held at now-collapsed Silicon Valley Bank. In a Saturday blog post, Circle said that the company is prepared to cover any shortfall in the USDC reserves that...

Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount

12.3.2023
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency

Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds

11.3.2023
According to Circle, USDC liquidity operations will "resume as normal when banks open on Monday morning in the United States," enabling USDC redemption at 1:1 with the U.S. dollar

Curve Finance trading volume reaches $7B historic high after USDC depeg

11.3.2023
The USD Coin depeg led the DeFi protocol to experience a record-breaking daily trading volume as crypto whales fight for assets

USDC Depeg: Circle's $43 Billion Stablecoin in the Spotlight as Silicon Valley Bank Exposure is Revealed – Here's the Latest

11.3.2023
The USD Coin (USDC) stablecoin has distanced away from its intended $1 peg following the revelation that Circle has exposure to the now-collapsed Silicon Valley Bank. Circle, the issuer of the world’s second-largest stablecoin USDC, said in a Friday tweet that it has $3.3 billion of its...

XRP Price Prediction as $1.5 Billion Trading Volume Comes In – Are Whales Buying?

11.3.2023
The sixth-largest crypto is hanging at the very edge of a cliff as uncertainties in the market mount, especially from the United States. Despite the total market cap sliding below the $1 trillion mark to stand at $963 billion on Saturday, XRP price is relatively unchanged in 24 hours but trading...

Bitcoin price spikes to '$26K' in USDC terms — How high can the BTC short squeeze go?

11.3.2023
Bitcoin recovers from the depegging of USDC, the second-largest stablecoin, from the U.S. dollar

Traders Bet on USD Coin Rebound as USDC Falls to 90 Cents

11.3.2023
Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows

Circle’s USDC instability causes domino effect on DAI, USDD stablecoins

11.3.2023
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the dollar

USDC investor shells out $2M to receive $0.05 USDT trying to evade crash

11.3.2023
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty

USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank

11.3.2023
At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan

Circle discloses $3.3B tied up at Silicon Valley Bank

11.3.2023
Circle joined other customers and depositors in calling for the continuity of SVB in the US economy

USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal

11.3.2023
USDC dropped to $0.973, its lowest level since the collapse of FTX

Dogecoin hits 4-month lows vs. Bitcoin — 50% DOGE price rebound now in play

10.3.2023
The prospects of Elon Musk abandoning Dogecoin would be dire for DOGE price in both Bitcoin and USD terms

Crypto Billionaire Arthur Hayes Proposes Bitcoin-Based USD Stablecoin – How Would it Work?

9.3.2023
Crypto billionaire Arthur Hayes has put forward the idea of a Bitcoin-based stablecoin whose value is pegged to the sum of $1 worth of Bitcoin and one inverse perpetual swap of BTC against USD. ... Read More: Crypto Billionaire Arthur Hayes Proposes Bitcoin-Based USD Stablecoin – How Would it Work?