NY Fed’s Policy Change May Crush Circle’s Plan To Implement Fed Payment Rail
Following the recent disclosure of Circle’s goal to get approved for the Fed program, the New York Fed has now ...
Tag: USDC
TrueUSD Market Cap Surges 120% In 4 Months After Binance’s Backing
TrueUSD's market capitalization is surging, rising by 120% in just four months from January 2023. The increase can be attributed to ...
Binance Observes Largest Stablecoin Net Outflow In History: Report
The cryptocurrency exchange Binance has recently observed its largest stablecoin net outflow in history, as revealed by a report. Binance ...
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 ...
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. ...
