Stablecoin
Mar
11
2023
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
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Several USD Coin holders have fled to other stablecoins amid fears… More…
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Mar
11
2023
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’
On Saturday, March 11, 2023, Circle Financial updated the public … More…
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Mar
11
2023
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
According to Circle, USDC liquidity operations will “resume as normal… More…
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Mar
11
2023
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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Mar
11
2023
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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Mar
10
2023
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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Mar
10
2023
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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Mar
10
2023
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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Mar
08
2023
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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Mar
06
2023
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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