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Nalezeno "USDC": 1403

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

Circle USDC Rebounds From De-Pegging, but Stablecoin Observers See an Uncertain Future

15.3.2023
Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than minted, data shows

Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos

14.3.2023
The price increase of LQTY comes amid heightened interest in stablecoins following the depegging of USD Coin and the shutdown of several crypto-friendly banks

Gibraltar's Xapo Bank Enables GBP Payments, Prepares USDC Option Amid U.S. Crypto Banking Crisis

14.3.2023
The retail-focused bank will be allowing users to make payments directly to and from ther U.K. accounts or wallets

Vitalik Buterin-Named Wallet Sent 500 Ether to Mint RAI, Buy USDC Amid Depegging

14.3.2023
USDC depegged over the weekend to 89 cents, and a Buterin-labeled wallet may have bought the dip

Debtors saved over $100M using de-pegged stablecoins to repay loans

14.3.2023
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar

Signature Bank’s Signet Platform Still Works, But Some Clients Have Moved On

14.3.2023
A source told CoinDesk the real-time payments platform, popular with crypto businesses, will continue to be offered under the newly established Signature Bridge Bank entity

USDC depegged, but it's not going to default

13.3.2023
USD Coin is going to survive Silicon Valley Bank’s collapse. But it should inspire advocates of cryptocurrency to prepare for future systemic shocks

USDC's 'Black Swan' Depegging Could Have Been Avoided With Proper Regulatory Framework

13.3.2023
Fissures among the progressive left are primarily responsible for the lack of U.S. regulatory progress around stablecoins, says John Rizzo, senior vice president for public affairs at Clyde Group

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

13.3.2023
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount...

Bitcoin futures premium falls to lowest level in a year, triggering traders' alerts

13.3.2023
On March 12, Bitcoin futures traded 5.5% below regular spot exchanges, causing volatility in derivatives markets

USDC Crisis Averted? Federal Regulators Offer Reassurance to Silicon Valley Bank Depositors, Ensuring Access to Funds

13.3.2023
The popular stablecoin USDC has regained its $1 peg price after regulators in the US assured that depositors in Silicon Valley Bank (SVB) can access their money today. The assurance from the government means that all Silicon Valley Bank depositors will be made whole, despite the bank’s collapse...

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums

13.3.2023
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold...

Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse

13.3.2023
Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period

Binance Suddenly Converts $1 Billion From Industry Recovery Initiative to Bitcoin, Ether, BNB – Here's Why

13.3.2023
Binance has confirmed plans to convert $1 billion worth of Binance USD (BUSD) from its Industry Recovery Initiative to native crypto assets, including Bitcoin, Ethereum, and BNB. In a Monday tweet, Binance CEO Changpeng Zhao said the world's largest cryptocurrency exchange plans to convert...

Today in Crypto: Cryptocurrency is 'Inevitable', Two Hacks, OKCoin Pauses USD Deposits, Beatport & Polkadot's Music Platform, Alchemy Notify's Custom Webhooks

13.3.2023
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: Cryptocurrency is 'Inevitable', Two Hacks, OKCoin Pauses USD Deposits, Beatport & Polkadot's Music...