Browsing Tag
#Circle
46 posts
Banking turmoil pushes crypto to ‘no oversight,’ says Circle CEO
The ongoing crisis and uncertainty around the global banking system could push the cryptocurrency market into a more…
Xapo Bank to enable USDC deposits and withdrawals
Bitcoin custodian and licensed private bank Xapo Bank has partnered with financial technology company Circle to integrate USD Coin (USDC)…
Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash
The collapse of Silicon Valley Bank saw investors loading their bags with USD Coin (USDC), along with an exodus…
Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up
Crypto investors should know by now that it doesn’t take much to topple a distressed multi-billion-dollar firm. On…
USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s
Recent turmoil in the traditional banking sector, culminating in USD Coin (USDC) losing its peg, could negatively affect…
Breaking: Silicon Valley Bank UK arm acquired by HSBC for 1 pound
Banking giant HSBC announced that it is acquiring Silicon Valley Bank UK for one pound ($1.21). Global banking…
Circle ‘able to access’ $3.3B of USDC reserves at Silicon Valley Bank, CEO says
Circle CEO and co-founder Jeremy Allaire says that since March 13, the stablecoin issuer has been “able to…
USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
Almost immediately after USD Coin (USDC) issuer Circle revealed it could not withdraw $3.3 billion of its $40…
Curve Finance trading volume reaches $7B historic high after USDC depeg
Stablecoin swapping pool Curve Finance experienced the highest daily trading volume in its history, exceeding $7 billion in…
Aave freezes stablecoin trading on v3 Avalanche as activity surges on CEXs
Lending protocol Aave has frozen stablecoin trading and set the loan-to-value (LTV) ratio to zero in response to…