Stablecoin
Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits
Circle Financial, the issuer of the stablecoin USDC, is partnering… More…
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Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts
On March 12, Bitcoin futures traded 5.5% below regular spot exchanges,… More…
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Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin holders have fled to other stablecoins amid fears… More…
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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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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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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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