USDC Outflow Surpasses $10 Billion, Are Investors Losing Interest In The Stablecoin?
Since the Silicon Valley Bank (SVB) fallout negatively impacted Circle’s USD coin (USDC), the stablecoin has recorded significant outflows. This ...
Tag: USDC
Tether Claims $1.6 Billion In Excess Reserves To Back Its Stablecoin
The number one stablecoin by market cap has announced it will reach $1.6 billion in excess reserves of Tether (USDT). ...
USDC Minting And Redemption Backlog Almost Cleared By Circle
USDC stablecoin investors panicked when Circle announced its exposure to the shuttered banks, and Circle’s latest report on USDC Reserves ...
Grow Bank Merges Crypto And Fiat Currencies in New Swiss Venture
While cryptocurrency gains mainstream adoption across sectors, some traditional financial institutions are beginning to accept it. A recent report revealed ...
$1B USDT Moved Off Crypto Exchanges In 4 Days, What Are The Whales Up To?
No doubt the crypto environment has seen major headlines impacting the market in several ways over the past few weeks. ...
Euler Finance Hacker Gets Two Options: $20 Million Bounty Or Prosecution
The Euler Finance team has aggressively pursued recovering the funds stolen from its platform. The hacker stole crypto tokens worth millions ...
Tether Benefits From USDC Chaos, USDT Dominance Now 58%
Data shows Tether USD (USDT) has benefited from the recent chaos with the USD Coin (USDC) peg, as the stablecoin's ...
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 ...
