USDC Coin Price News: The cryptocurrency market displayed signs of recovery amid concerns of liquidity issues stemming from the failure of two US banks —
Category: Stablecoin News
Circle’s USDC Redemptions Reaches $2.5B, Exchange Inflow $7B
USDC Redemptions. Source: CryptoQuant Moreover, Ki Young Ju believes the USDC situation is completely different from the TerraUSD (UST) collapse. The Luna Foundation Guard sent
Will MakerDAO’s New Change Save DAI From Becoming Another UST?
In the midst of the chaos that is presently plaguing the crypto market for the past twenty-four hours — with USDC depegging from its $1
Binance Switches To Multiple Stablecoins, Discontinues Auto-Conversion Policy
Binance CEO Changpeng “CZ” Zhao on Saturday announced that Binance will now support multiple stablecoins and discontinued its Binance USD (BUSD) Auto-Conversion policy introduced last
USDC Dollar Peg Takes Major Hit Amid High Volatility
Circle, the issuer of the USDC stablecoin is facing massive heat from the shutdown of the Silicon Valley Bank (SVB) on Friday, March 10. Circle
Circle’s USDC Reserves In Hot Water As Records Show Exposure To Silicon Valley Bank
On Friday, the prominent Silicon Valley Bank, which served as the go-to bank for venture capitalists and startups, got shuttered down by the California Department
Tether Refutes WSJ Report On Using Fake Documents To Gain Banking Access
Stablecoin issuer Tether on Saturday responded to the Wall Street Journal’s report on using fake documents and shell companies to gain banking access. The USDT
Tether Used Fake Papers, Shell Firms To Get Banking Access: WSJ Report
Since the earliest days of the cryptocurrency industry, Tether, the issuer of the world’s largest stablecoin by market share, USDT, has been shrouded with controversies
TrueUSD (TUSD) Grabs 5th Spot Amid Heavy Minting by Binance
As the Binance USD (BUSD) stablecoin faces regulatory scrutiny, the world’s largest crypto exchange Binance is now focusing on the TrueUSD (TUSD) stablecoin. Data from
Crypto Exchange Suspends Binance’s BUSD
Coinbase News: In a recent turn of events, Coinbase Global Inc., the largest crypto exchange in the United States, announced that it would be suspending