[ad_1] Crypto News: In recent times, crypto industry titan Circle has been on a launch frenzy for its USDC stablecoin on a number of other blockchain networks. On Thursday, the…
Tag: USDC
USDC Issuer Circle Exec to Testify at US Congressional Hearing on Stablecoins
[ad_1] Source: AdobeStock / Andrea Izzotti Circle, the US company behind the popular stablecoin USDC, is set to testify in a Congress hearing on Wednesday about stablecoin regulation in the…
Today in Crypto: USDC Released on Stellar Throughout Coinme, THORChain Halts & Resumes Network, EOS EVM Testnet Goes Live, OKX to Apply for Hong Kong License
[ad_1] Source: AdobeStock / Rawf8 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Payments news Crypto…
Crypto Biz: Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs
[ad_1] Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon Valley Bank’s collapse. Two weeks later, Mastercard boldly…
Stablecoin USDC nearly regains $1 peg after Circle says $3.3 billion held with SVB will be available
[ad_1] In this photo illustration, a woman holds a smartphone with the USD Coin (USDC) logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images…
Crypto Platform Huobi Exchanged $100,000,000 USDC for DAI During Stablecoin Depegging Scare: On-Chain Data – The Daily Hodl
[ad_1] Crypto exchange Huobi converted $100 million worth of USD Coin (USDC) to Dai (DAI) as uncertainty spread in the stablecoin market this weekend, on-chain data shows. According to blockchain…
Crypto whales suffer huge losses due to USDC depeg, SVB collapse
[ad_1] In response to the extraordinary depegging event of the USD Coin (USDC) stablecoin caused by the collapse of its counterparty Silicon Valley Bank (SVB), crypto whales have reported severe…
USDC Stablecoin Depegs, Crypto Market Goes Haywire After Silicon Valley Bank Collapses
[ad_1] The cryptocurrency crisis went into high gear early Saturday as Silicon Valley Bank’s (SVB) failure caused some of the industry’s core plumbing to go haywire. In the aftermath, Treasury…
Circle assures market after stablecoin USDC breaks dollar peg
[ad_1] LONDON, March 11 (Reuters) – Stablecoin USD Coin (USDC) lost its dollar peg and slumped to an all-time low on Saturday before recovering most of its losses after Circle,…
Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 billion in SVB exposure
[ad_1] Logo of Silicon Valley Bank is at a location in San Francisco, California, U.S. March 10, 2023. Staff | Reuters The U.S. cryptocurrency firm Circle’s USD Coin lost its…