Sen. Elizabeth Warren (D-Mass.) and Congresswoman Alexandria Ocasio-Cortez (D-New York) want to know why crypto companies, like bankrupt crypto lender […]
Category: Circle
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USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its […]
Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in […]
The stablecoin issuer says that from March 13 and March 15, it redeemed $3.8 billion USDC and minted $0.8 billion […]
Positive developments concerning Circle’s $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have […]
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.
According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the United States,” […]
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator, but a Circle […]
The company’s complaint to the New York regulator reportedly came before NYDFS ordered Paxos to “cease minting” its Binance USD […]
Turmoil in the crypto sector in 2022 will see the tech change hands to “more regulated and established institutions,” said […]