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Circle CEO blames US crypto crackdown for declining USDC market cap
26.4.2023
The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months following a regulatory crackdown and banking crisis
Tether market cap eyes record high after regaining 65% stablecoin dominance
17.4.2023
The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle
Crypto in Europe: Economist breaks down MiCA and future of stablecoins
14.4.2023
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe
Tether supply hits $80B for the first time since May 2022 — stablecoin rivals stumble
6.4.2023
Tether supply across cryptocurrency exchanges has dropped 28% in 2023, however, hinting at an overall decline in demand for stablecoins
Circle announces USDC launch for Cosmos via Noble network
28.3.2023
The stablecoin will be launched on the Noble network, making it available to all 50-plus Cosmos IBC blockchains
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
24.3.2023
Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis
Banking turmoil pushes crypto to ‘no oversight’, says Circle CEO
23.3.2023
Crypto firms who have had the strongest position with U.S. regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated
Xapo Bank to enable USDC deposits and withdrawals
22.3.2023
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees
Mastercard to settle transactions for stablecoin wallet in APAC
21.3.2023
Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted
USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny: Moody’s
17.3.2023
"Financial institutions may reconsider adopting stablecoins to settle agreements involving tokenized securities out of concern over the coins' potential volatility,” Moody’s said
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
13.3.2023
The market frenzy that started with the Silicon Valley Bank collapse is pushing BTC price higher but with some casualties left behind
Circle taps Cross River as banking partner, expands ties with BNY
13.3.2023
Circle announced a new banking partner after Silicon Valley Bank’s failure and is expanding ties with BNY Mellon
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
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...
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