Stablecoin
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident
On March 11, 2023, the decentralized finance project Makerdao issued… More…
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Curve Finance trading volume reaches $7B historic high after USDC depeg
The USD Coin depeg led the DeFi protocol to experience a record-breaking… More…
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Circle’s USDC Endured $1B of Net Redemptions Since Silicon Valley Bank’s Shutdown
Stablecoin issuer Circle held an undisclosed amount of USDC’s cash… More…
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DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Traders Flee USDC
Curve’s 3pool is supposed to have equal parts USDC, DAI and USDT. The… More…
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Circle’s exposure to U.S. banks could top $9B
Circle’s reserves are held in a number of banks in the United States,… More…
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Crypto bill draft will be released in April, says Senator Gillibrand
The Lummis-Gillibrand bill is expected to offer regulatory clarity… More…
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Tether’s USDT Stablecoin Market Share Rises to Highest Level in 15 Months
USDT’s market share among stablecoins surpassed 54% on Monday, the… More…
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‘Sorry for spreading a rumor’, says podcaster on Lido’s FUD
David Hoffman apologized for spreading rumors about what he called… More…
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FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
On March 2, 2023, FTX debtors released their second stakeholder presentation,… More…
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Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
Cryptocurrency exchange Coinbase announced it will suspend trading… More…
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