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Tag: USDC

Circle Burns Nearly $650M, Recovers From Unprecedented Crash

USDC price dropped significantly following the fall of Silicon Valley Bank (SIVB). The USDC stablecoin had a $3.3 billion exposure to the collapsed bank....

BTC & ETH Funding Rates Hit 4 & 6-Month All-Time Lows, Reports Crypto Analyst

Bitcoin and Ethereum funding rates hit 4 and 6-month lows respectively. Shift from USDC to BTC led to a significant BTC premium on Coinbase....

Trade Fee On Uniswap Stands At 140 $ETH, Tweets Crypto Analysis Firm

Uniswap’s $ETH fees for each trade were $140 according to IncomeSharks tweet. Maverick Protocol launched its decentralized exchange with a unique AMM engine for...

SVB Collapse Sparks Stablecoin Turmoil as USDC Loses Dollar Peg

USDC, a stablecoin linked to the greenback, misplaced its peg to the U.S. forex amid a surge of investor withdrawals after its founder,...

Circle’s USDC Reserve Exposure and Potential Risks

Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin in circulation. As of January 31, 2022, the circulating...

Circle’s USDC Reserve Exposure and Potential Risks

Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin in circulation. As of January 31, 2022, the circulating...

Circle To ‘Stand Behind’ USDC, Cover $3.3 Billion Shortfall Held in Silicon Valley Bank

USDC stablecoin issuer Circle has claimed that it will “cover any shortfall” caused as a result of the $3.3 billion in its funds held...

Op-ed: Why the USDC depeg is not a reason to panic

Ad The following is a guest post by Anndy Lian.The crypto industry is currently experiencing anxiety due to concerns about the potential detachment of...

Jeremy Allaire Says Circle Will Use Own Resources to Cover Shortfalls As USDC Moves Closer to Peg

Circle CEO Jeremy Allaire is speaking out for the first time following USDC‘s depeg from the dollar, which saw over $6.3 billion disappear from...

Stablecoins rally as Circle announces it will cover all USDC redemptions 1:1

Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin,...

Crypto-Friendly Banks Collapse as Regulatory Pressure Mounts

Because the crypto business continues to develop, it has confronted rising scrutiny from regulators world wide. Latest months have seen the collapse of a...

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

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