Browsing Tag
#USD Coin
33 posts
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)…
Mastercard to settle transactions for stablecoin wallet in APAC
Global payment provider Mastercard is launching a stablecoin digital wallet integration with the Australian stablecoin platform Stables. Mastercard…
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…
Biden vows to hold accountable those responsible for SVB, Signature collapse
United States President Joe Biden said on Twitter that he is “firmly committed” to holding those responsible for…
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…
USDC investor shells out $2M to receive $0.05 USDT trying to evade crash
Soon after Circle revealed that Silicon Valley Bank did not transfer $3.3 billion of its USD Coin (USDC)…
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the U.S. dollar due to…
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…
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
USD Coin (USDC) issuer Circle plans to use “corporate resources” to cover the shortfall on its reserves following…