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USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos
13.3.2023
The Circle-issued USDC stablecoin regained its peg to the U.S. dollar after falling below the $1 value it was supposed to hold late Friday hours after Silicon Valley Bank was shuttered by state and federal regulators
Circle Scrambles to Right USDC After Signature Bank Failure
13.3.2023
Circle Internet Financial’s $3.3 billion cash reserves problem was seemingly solved Sunday when federal regulators promised that depositors of failed Silicon Valley Bank would be made whole in short order. But Circle’s USDC stablecoin isn’t out of the woods
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...
Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto
11.3.2023
Circle's USDC stablecoin was hit by the shutdown of Silicon Valley Bank, one of its key banking partners
Circle Confirms $3.3B of USDC's Cash Reserves Stuck at Failed Silicon Valley Bank
11.3.2023
Silicon Valley Bank, one of the reserve banking partner for Circle's USDC stablecoin, was shut down by regulators on Friday
Circle’s USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown
11.3.2023
Stablecoin issuer Circle held an undisclosed amount of USDC’s cash reserves at failed Silicon Valley Bank
Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months
6.3.2023
USDT’s market share among stablecoins surpassed 54% on Monday, the highest level since November 2021
Today in Crypto: Alameda Research Ex-CEO Hires a Former SEC Chief to Defend Her, 63 Arrested in Crypto Money Laundering Case, KuCoin's and ByBit's Proofs of Reserves
12.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Alameda Research Ex-CEO Hires a Former SEC Chief to Defend Her, 63 Arrested in Crypto Money Laundering...
Tether vs. USD Coin on-chain data reveals two very different stablecoins
23.11.2022
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion
USDC whale holdings percentage lowest in almost two years
22.8.2022
USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets
USDC whale holdings percentage lowest in almost two years
22.8.2022
USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets
TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash — rebound ahead?
10.8.2022
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022
Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network
8.6.2022
Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology....
Avalanche eyes 60% rally as AVAX price breaks out of bull flag
18.12.2021
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio
Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh
8.12.2021
He clarified that it's mostly fiat money stablecoins that bear the brunt of this regulatory scrutiny
US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’
24.11.2021
Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them....
Read More: US Senate Demands Answers From...
Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
15.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
11.8.2021
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”
Crypto derivatives exchange Bitget to list USDC as collateral for margin trading
27.7.2021
The Singapore-based crypto trading platform has inked a partnership with stablecoin issuer Circle
USDC on exchanges doubled in January while Tether's dominance fell to new lows
2.2.2021
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever