Browsing Tag
Circle
237 posts
Coinbase offered Circle $3b credit line to repeg USDC
Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the…
Circle clears ‘substantially all’ minting and redemption backlog for USDC
The stablecoin issuer says that from March 13 and March 15, it redeemed $3.8 billion USDC and minted…
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency.
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the…
Banks down? That is why Bitcoin was created, crypto community says
The Silicon Valley Bank collapse on March 10 has sparked fear, uncertainty and doubt across the crypto community.
Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?
Bitcoin recovers from the USDC’s depeg from the U.S. dollar.
Binance USD market cap falls below $10B amid rising regulatory concerns
BUSD’s market cap is down by nearly $14 billion from its all-time high of $23.49 billion, set on…
Bitcoin single-day price surge linked to billions in USDC inflows
Bitcoin proponents called it the start of another bull run, while a few other analysts believe it’s a…
Key takeaways from Circle’s $44.5B USDC reserve report
Circle has released its reserve report for December 2022, highlighting overcollateralized asset holdings currently backing 44.5 billion USDC…
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away…
