Browsing Tag
#USD Coin
33 posts
USDC slowly repegs on unconfirmed reports of SVB resolution
According to a post on March 11 by Bob Elliot, the chief investment officer of Unlimited Funds, relief…
Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank
On March 10, Blockchain payment tech company and USD Coin (USDC) issuers Circle confirmed that wires initiated on…
Crypto Biz: Coinbase has a lot at stake
Crypto assets made their way onto the United States Securities and Exchange Commission’s list of priorities for 2023.…
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has…
Key takeaways from Circle’s $44.5B USDC reserve report
Circle has released its reserve report for December 2022, highlighting overcollateralized asset holdings currently backing 44.5 billion USDC…
Japan to lift the ban on foreign stablecoins like USDT in 2023: Report
None of the 31 crypto exchanges registered with Japan’s Financial Services Agency are currently offering trading in stablecoins…
Algorithmic stabilization is the key to effective crypto-finance
After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization”…
Coinbase takes a shot at Tether, encourages users to switch to USDC
Coinbase’s request comes just a couple of months after Binance ceased support for USDC. United States-based cryptocurrency exchange…
Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
Major cryptocurrency exchanges continue to carry out measures in the aftermath of FTX collapse, now halting deposits in…
Tether, Circle and Coinbase deny having exposure to FTX and Alameda
Amid the liquidity crisis that fell over crypto exchange FTX and trading firm Alameda Research, some of the…