Circle Announces Native USDC Launch On Arbitrum
Crypto Information: In current occasions, crypto business titan Circle has been on a launch frenzy for its USDC stablecoin on a variety of different blockchain networks. The stablecoin issuer made….
Tag: USDC
Circle Adjusting Its USDC Reserves for Avoiding US Default Risks
Amid the present banking disaster in the USA, stablecoin issuers like Tether and Circle have been transferring their reserves to the most secure instrument i.e. US Treasury. In a latest….
USDC market cap below $30 billion, struggles signify crypto turmoil
Key Takeaways USDC’s market cap has dipped from $54 billion to $30 billion within the final eight months The stablecoin has misplaced market share since March, falling from 32% to….
SVB Collapse Came In USDC Bank Transition Period
Circle CEO Jeremy Allaire described the current banking disaster in america as ‘dramatic’ and ‘difficult’. He mentioned panic emerged out there final week and manifest in closure of banks and….
Circle Accessed USDC Reserves In SVB This Week; Crypto News
Circle USDC Information: Within the wake of the devastating impact the failure of Silicon Valley Financial institution and Signature Financial institution had on the US markets, Circle CEO Jeremy Allaire….
Bitcoin Price Unfazed By USDC Crisis; Signals Upcoming Bull Run
After struggling important losses on Friday as a result of unfold of potential contagion dangers from the failure of Silicon Valley Bank to crypto markets, Bitcoin and Ethereum have skilled….
Crypto Funds Confident Of USDC Recovery Amid SVB Contagion
USDC Coin Value Information: The cryptocurrency market displayed indicators of restoration amid considerations of liquidity points stemming from the failure of two US banks — Silvergate and Silicon Valley Financial….
Circle’s USDC Redemptions Reaches $2.5B, Exchange Inflow $7B
USDC Redemptions. Supply: CryptoQuant Furthermore, Ki Younger Ju believes the USDC scenario is totally totally different from the TerraUSD (UST) collapse. The Luna Basis Guard despatched billions in BTC to….
Is Vitalik Buterin Supporting USDC Amid Heavy Depegging?
USDC Crash Information: Silicon Valley Financial institution collapse seems to be the largest financial institution to fall for the reason that monetary disaster erupted in 2008. Nonetheless, this disaster has….
Stablecoins In Trouble? USDC, DAI, USDD Depeg As SVB Crisis Deepens
Crypto Information: Coping with a heavy dump, the worldwide digital asset market registered a broad restoration on Saturday morning. Bitcoin, Ethereum worth jumped by 3% and 5%, respectively. Nonetheless, the….