100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank
The financial sector has endured a few chaotic days. In particular, for USDC stablecoin and Silicon Valley Bank and its ...
Tag: stablecoin
USDC Issuer Circle Reveals It Couldn’t Withdraw $3.3 Billion From Silicon Valley Bank
Stablecoin issuer Circle disclosed late Friday that around $3.3 billion of its $40 billion USDC reserves remained at Silicon Valley ...
Stablecoin Issuer Sets Ambitious Hiring Goals For 2023, Eyes 25% Staff Increase
Stablecoin issuer Circle ended 2022 with approximately 900 employees and has announced plans to add 135 to 225 new personnel ...
BUSD Debacle Unlikely To Cause “Large Structural Change” In Crypto Market, Report Says
The latest crackdown on Binance USD (BUSD) is unlikely to cause any "large structural changes" in the crypto market, according ...
USDC Issuer Circle Debunks Rumors Of Being SEC’s Latest Target
The crypto community is still reeling with fear, doubt, and uncertainty (FUD) from the latest regulatory tension in the industry ...
Breaking: Paxos On Hit List – Why SEC Plans To Slap Stablecoin Issuer With A Lawsuit
Paxos Trust Company is on the hit list of the US Securities and Exchange Commission, who is out to slap ...
Visa Push On Ethereum Could Boost The Altcoin In This Level
According to Coingecko data, Ethereum is the second most popular cryptocurrency with a market valuation of $197 billion. As a ...
Cardano-Backed Algorithmic Stablecoin Djed Hits Mainnet
After much anticipation from the Cardano community, the network developers have finally launched the ecosystem’s overcollateralized stablecoin called 'Djed.' Per ...
