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Circle CFO, Jeremy Fox-Geen, published a post discussing Circle’s aspirations to hold its cash reserves with the U.S. Federal Reserve. The post Circle Calls for Direct Holding of USDC Reserve by...
Mar 29, 2023 07:00
The stablecoin will be launched on the Noble network, making it available to all 50-plus Cosmos IBC blockchains.
Mar 28, 2023 20:00
MakerDAO, the governance community of the popular DeFi lending platform Maker, has decided to keep using USD coin (USDC) as the primary reserve asset for the DAI stablecoin. Although USDC...
Mar 26, 2023 04:15
Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis.
Mar 24, 2023 10:02
The main aim of the integration is to serve as an alternative to SWIFT.
Mar 24, 2023 05:32
Circle CEO Jeremy Allaire has warned about the risks facing the crypto market due to exposure to the United States Dollar and the regulatory risk in the United States financial system. The post...
Mar 23, 2023 14:10
Crypto firms who have had the strongest position with U.S. regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated.
Mar 23, 2023 13:40
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees.
Mar 22, 2023 21:51
Stablecoin issuer Circle has warned its community about a fake USD Coin (USDC) airdrop on the Twitter account of its chief strategy officer and head of global policy, Dante Disparte. The post USDC...
Mar 22, 2023 15:41
Hackers have used a Circle executive's Twitter account to promote a fake USDC airdrop.
Mar 22, 2023 14:04
USD Coin (USDC) issuer Circle has applied to become a licensed Electronic Money Institution and a registered Digital Asset Service Provider (DASP) in France — expanding its operations in Europe....
Mar 21, 2023 17:45
Binance CEO Changpeng “CZ” Zhao highlighted how Tether’s USDT has grown amidst the issues plaguing its rivals. The post Binance CEO highlights USDT growth amidst rival issues...
Mar 21, 2023 13:20
Circle Internet Financial, the issuer of USD Coin (USDC) stablecoin, has applied for regulatory approval in France, selecting the country for its European expansion. The firm has filed applications...
Mar 21, 2023 11:31
Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted.
Mar 20, 2023 23:00
Arbitrum’s decentralized exchange (DEX) transactions volume rose to a new all-time high (ATH) in each of the last two weeks, according to DeFillama data. The post Arbitrum’s weekly DEX...
Mar 20, 2023 09:00
"Financial institutions may reconsider adopting stablecoins to settle agreements involving tokenized securities out of concern over the coins' potential volatility,” Moody’s said.
Mar 17, 2023 20:15
The total amount of assets held by United States Federal Reserve (Fed) banks is up 3.56% in the past week, rising to $8.639 trillion from $8.342 trillion, trackers on March 17 show. Fed Injected...
Mar 17, 2023 09:35
Circle is working on adding more transaction banking partners.
Mar 16, 2023 17:41
Euler Finance hacker has started moving some of the stolen funds through sanctioned mixing protocol Tornado Cash, according to on-chain data. The post Euler finance hacker moves stolen fund as...
Mar 16, 2023 09:30
The stablecoin issuer said as at U.S. banking close on Wednesday, it redeemed $3.8 billion USDC and minted $0.8 billion USDC.
Mar 16, 2023 02:01
Decentralized exchanges are making a killing amidst the banking turmoil.
Mar 15, 2023 23:45
On-chain investigator Lookonchain reported that a wallet “possibly” connected to Tron founder Justin Sun made $3.3 million from USD Coin (USDC) March 11 depeg. The post Justin...
Mar 15, 2023 09:25
Cathie Wood, the founder of ARK Invest, an American investment management firm that invests in disruptive technologies, including exposure to cryptocurrencies, thinks the current banking crisis in...
Mar 15, 2023 08:48
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT.
Mar 15, 2023 02:02
Jeremy Allaire detected irony in how his crypto company needed to be rescued from the banking system this week.
Mar 14, 2023 18:49
Barney Frank, the director of Signature bank and a former congressman who helped draft the Dodd-Frank Act, has stated that the lender is solvent and that there was “no real objective...
Mar 14, 2023 10:10
The Bitcoin price has increased over the past week as a result of the escalating banking crisis in the United States and the federal government’s efforts to mitigate its effects. Bitcoin...
Mar 14, 2023 09:08
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar.
Mar 14, 2023 05:53
Massive redemptions for Circle’s USDC stablecoin continued on Monday, March 13, after the weekend panic and de-peg in the stablecoin. As per blockchain researcher Nansen, over $1.74 billion...
Mar 14, 2023 04:26
DEX platforms generated a massive amount of volume from USDC trades.
Mar 14, 2023 01:52
USD Coin is going to survive Silicon Valley Bank’s collapse. But it should inspire advocates of cryptocurrency to prepare for future systemic shocks.
Mar 13, 2023 22:35
On March 12, Bitcoin futures traded 5.5% below regular spot exchanges, causing volatility in derivatives markets.
Mar 13, 2023 20:20
The cryptocurrency market is volatile, and this week has been no exception. Yet, the financial sector has been more volatile recently, with bank stocks taking a big hit and Bitcoin (BTC) bouncing...
Mar 13, 2023 19:00
MakerDAO, the protocol behind the decentralized stablecoin DAI, intervened and saved its stablecoin from de-pegging following the collapse of Silicon Valley Bank (SVB). The failure of the tech...
Mar 13, 2023 18:30
Hayden Adams, the founder of Uniswap, is convinced that banks are “massive scams” compared to decentralized finance (DeFi) protocols. Hayden Adams Thinks Banks Are Scams In a recent...
Mar 13, 2023 17:30
The token is on the verge of restoring to its 1:1 peg with the U.S. dollar after falling to a historic low of $0.87 per token two days prior.
Mar 13, 2023 14:15
TrueUSD’s (TUSD) circulating supply has more than doubled in the last two weeks, reaching over 2 billion tokens on March 13. The post TUSD’s supply crosses $2B amid banking woes for...
Mar 13, 2023 13:12
The market frenzy that started with the Silicon Valley Bank collapse is pushing BTC price higher but with some casualties left behind.
Mar 13, 2023 12:06
Circle announced a new banking partner after Silicon Valley Bank’s failure and is expanding ties with BNY Mellon.
Mar 13, 2023 11:47
The closure of Silicon Valley Bank and Signature Bank won’t affect Circle’s USDC operations. The post Circle says USDC operations unaffected by SVB, Signature closures appeared first...
Mar 13, 2023 10:45
USDC and other cryptocurrencies were having a rough trading session Monday following an announcement from U.S. authorities outlining measures to minimize the impact of the collapse of Silicon...
Mar 13, 2023 10:24
Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again in the wake of Silicon Valley Bank failing and Signature Bank being closed.
Mar 13, 2023 10:21
Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg.
Mar 13, 2023 00:24
Silicon Valley Bank depositors are being bailed out by the government to ensure the stability of the banking system.
Mar 13, 2023 00:16
The collapse of Silicon Valley Bank and news that Circle, the issuer of USDC, was exposed to the tech lender has caused reverberations across the stock and crypto markets. However, could...
Mar 12, 2023 11:33
USDC rallied to as high as $0.98 following news that its issuer Circle promised to cover any shortfall in its reserves. The post USDC Regains 7% After Depeg, Circle Pledges to Cover Reserve...
Mar 12, 2023 10:11
A stablecoin (USDC) is the best performer amid the top 10 cryptocurrencies by market cap for the past 24 hours.
Mar 12, 2023 09:54
The collapse of Silicon Valley Bank has sent shockwaves through the financial world, with many wondering whether the United States Federal Reserve will step in and bail out the startups and venture...
Mar 12, 2023 01:22
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.
Mar 12, 2023 00:43
According to Circle, USDC liquidity operations will "resume as normal when banks open on Monday morning in the United States," enabling USDC redemption at 1:1 with the U.S. dollar.
Mar 11, 2023 20:52
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