Latest USD Coin News
Santiment reported a decline in the combined market capitalization of the top five stablecoins, namely USDT, USDC, BUSD, DAI, and TUSD, (read more)
Circle Ditches U.S. Treasury Bonds to Protect USDC Stablecoin Amid Debt Ceiling Showdown
U.S. debt ceiling crisis, Circle Internet Financial, the issuer of the popular USD Coin (USDC) stablecoin, according to azcoinnews.com (read more)
Stablecoin Market Shift: Tether Surges, USDC Loses Ground
Tether’s USDT Stablecoin gains market share as USD Coin (USDC) declines. Tether increases its US Treasury holdings to bolster confidence. Click to read... (read more)
Circle Adjusts Reserves for USDC Amid U.S. Debt Default Risk
Stablecoin issuer Circle Internet Financial has taken proactive measures to rebalance the reserves backing its USD Coin (USDC) stablecoin, (read more)
Circle no longer holds long-term US Treasuries amid default concerns
Investors are shunning their T-bills, citing concerns over the potential default of the US government, which the Treasury Department has warned could come as soon as June 1. (read more)
Circle Dumps Long-Term Treasuries Over U.S. Debt Concerns
Circle has announced that it has divested from holding long-term U.S. Treasuries. The move comes in response to concerns over the U.S. government’s (read more)
Circle Launches Cross-Chain Transfer Protocol for USDC to Simplify Multi-Chain Transactions
Circle, a global digital financial technology firm and issuer of USDC and Euro Coin, announced the mainnet availability of its Cross-Chain (read more)
USDC’s Market Cap Declines Steadily
Circle’s USD coin (USDC), the stablecoin has recorded significant outflows. Circle’s USDC stablecoin market cap fell $10B to $31B. (read more)
USD Coin Remains Second-Largest Stablecoin
USD Coin outflows have surpassed $10B since March 10. USDC is the second largest stablecoin with a market capitalization of $33B. (read more)
Circle: USDC Reserves 80% Short-Term Treasuries, 20% Cash Deposits
The USDC reserve consists of about 80% short-term U.S. Treasuries and about 20% cash deposited in the U.S. banking system. (read more)
Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs
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. (read more)
Xapo Bank to enable USDC deposits and withdrawals
Bitcoin custodian and licensed private bank Xapo Bank has partnered with financial technology company Circle to integrate USD Coin (USDC) payment rails as an (read more)
Crypto unbanked: A postmortem on the great USDC de-peg of 2023
Last week’s collapse of Silicone Valley Bank (SVB) and the subsequent de-peg of USDC (the second largest stablecoin by market cap) had everyone in crypto rightfully terrified. To the extent people… (read more)
Big Players Earn Huge Profits by Buying USDC on the Dip During Depegging
According to their report, some whales have been buying USDC on the dip and going long on the cryptocurrency during its depegging. (read more)
DeFi Protocol Volumes Reach Record Highs Due to USDC Depeg
Uniswap, recorded the highest daily trading volume in its history, reaching $11.84 billion. This figure is almost double the previous record (read more)
Silicon Valley Bank Shutdown Shockwaves to Industry, USDC
The circulating supply of the USDC is now about $40.9 billion. Silicon Valley Bank recently failed to transfer $3.3 billion, equal for 8% of the overall reserve (read more)
Circle (USDC) Is Expected To Successfully Face This Redemption Next Week, Experts Say
Therefore, the news of Circle potentially facing the redemption of 10%-30% of the total issuance of USDC, worth $4-12 billion (read more)
USDC recovers to $0.96 after Circle burns $649.3 million in tokens
the recent news of Circle burning a massive $649.3 million in USDC has caused a stir in the community. The news was announced on (read more)
Circle Pledges To Cover Potential USDC Shortfall if SVB Fails To Return 100% - USDC Repegs Gradually
Silicon Valley Bank (SVB) has been forced to sell long-term assets to meet redemption demands, leading to a short-term liquidity crunch. (read more)
North Rock Digital CEO Hal Press Believes USDC Will Fully Repeg, Buys More at $0.88
Hail Press, the Founder, and CEO of the hedge fund North Rock Digital tweeted about Circle’s reserves and their impact on the USDC (read more)
Latest USD Coin News
Santiment reported a decline in the combined market capitalization of the top five stablecoins, namely USDT, USDC, BUSD, DAI, and TUSD, (read more)
Circle Ditches U.S. Treasury Bonds to Protect USDC Stablecoin Amid Debt Ceiling Showdown
U.S. debt ceiling crisis, Circle Internet Financial, the issuer of the popular USD Coin (USDC) stablecoin, according to azcoinnews.com (read more)
Tether’s USDT Stablecoin gains market share as USD Coin (USDC) declines. Tether increases its US Treasury holdings to bolster confidence. Click to read... (read more)
Stablecoin issuer Circle Internet Financial has taken proactive measures to rebalance the reserves backing its USD Coin (USDC) stablecoin, (read more)
Investors are shunning their T-bills, citing concerns over the potential default of the US government, which the Treasury Department has warned could come as soon as June 1. (read more)
Circle has announced that it has divested from holding long-term U.S. Treasuries. The move comes in response to concerns over the U.S. government’s (read more)
Circle Launches Cross-Chain Transfer Protocol for USDC to Simplify Multi-Chain Transactions
Circle, a global digital financial technology firm and issuer of USDC and Euro Coin, announced the mainnet availability of its Cross-Chain (read more)