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, a global digital financial technology firm and issuer of USDC and Euro Coin, announced the mainnet availability of its Cross-Chain (read more)

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 outflows have surpassed $10B since March 10. USDC is the second largest stablecoin with a market capitalization of $33B. (read more)

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)

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)

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)

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)

According to their report, some whales have been buying USDC on the dip and going long on the cryptocurrency during its depegging. (read more)

Uniswap, recorded the highest daily trading volume in its history, reaching $11.84 billion. This figure is almost double the previous record (read more)

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)

Therefore, the news of Circle potentially facing the redemption of 10%-30% of the total issuance of USDC, worth $4-12 billion (read more)

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)

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)

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)