USDC bounces back toward $1 peg after Fed announcement By Cointelegraph
[ad_1] Circle’s stablecoin (USDC) is climbing back to its $1 peg following confirmation from CEO Jeremy Allaire that its reserves are safe and the firm...
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount By Cointelegraph
[ad_1] Several (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the disclosure that a portion of USDC’s...
Crypto whales suffer huge losses due to USDC depeg, SVB collapse By Cointelegraph
[ad_1] In response to the extraordinary depegging event of the (USDC) stablecoin caused by the collapse of its counterparty Silicon Valley Bank (SVB), crypto whales...
MakerDAO files emergency proposal addressing 3.1B USDC exposure By Cointelegraph
[ad_1] © Reuters. According to a forum post from MakerDAO, the issuer of the U.S. dollar-pegged Dai (DAI) stablecoin, on March 11, the firm requested...
USDC investor shells out $2M to receive $0.05 USDT trying to evade crash By Cointelegraph
[ad_1] Soon after Circle revealed that Silicon Valley Bank did not transfer $3.3 billion of its (USDC) reserves, the market responded with a massive sell-off...
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount By Cointelegraph
[ad_1] Several (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the disclosure that a small portion of...
Curve Finance trading volume reaches $7B historic high after USDC depeg By Cointelegraph
[ad_1] Stablecoin swapping pool Curve Finance is experiencing the highest daily trading volume in its history, exceeding $7 billion in the past 24 hours after...
Crypto whales suffer huge losses due to USDC depeg, SVB collapse By Cointelegraph
[ad_1] In response to the extraordinary depegging event of the (USDC) stablecoin caused by the collapse of its counterparty Silicon Valley Bank (SVB), crypto whales...
MakerDAO files emergency proposal addressing 3.1B USDC exposure By Cointelegraph
[ad_1] According to a forum post from MakerDAO, the issuer of the U.S. dollar-pegged DAI (DAI) stablecoin, on March 11, the firm requested an “urgent...
USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank By Cointelegraph
[ad_1] Almost immediately after (USDC) issuer Circle revealed it was not able to withdraw $3.3 billion of its $40 billion from Silicon Valley Bank (SVB),...