Browsing Tag
USD Coin
73 posts
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.
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.
USDC investor shells out $2M to receive $0.05 USDT trying to evade crash
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk…
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model.
USDC issuer Circle to increase staff by up to 25% amid layoff season
The plan to expand its workforce comes just months after it mutually called off its plans to go…
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to…
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…
Japan to lift the ban on foreign stablecoins like USDT in 2023: Report
None of the 31 crypto exchanges registered with Japan’s Financial Services Agency are currently offering trading in stablecoins…
Tether vs. USD Coin on-chain data reveals two very different stablecoins
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.
Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
The SOL cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits…