USDC

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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USDC bounces back toward $1 peg after Fed announcement

Positive developments concerning Circle’s $3.3 billion worth of… More…

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Crypto Platform Huobi Exchanged $100,000,000 USDC for DAI During Stablecoin Depegging Scare: On-Chain Data

Crypto exchange Huobi converted $100 million worth of USD Coin (USDC)… 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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Jeremy Allaire Says Circle Will Use Own Resources to Cover Shortfalls As USDC Moves Closer to Peg

Circle CEO Jeremy Allaire is speaking out for the first time following… More…

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Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

The company plans to use corporate resources to fill the gap, including… More…

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USDC slowly repegs on unconfirmed reports of SVB resolution

According to insiders, 50% of uninsured deposits will be paid out … More…

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Unlucky crypto investor commits $2M for a payout of $0.05 USDT

The market reacted with a big sell-off, depegging the stablecoin … 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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Circle reveals $3.3 billion in USDC reserves remain at insolvent Silicon Valley Bank

Concerns are rising within the cryptocurrency industry following… More…

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