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 ...
Tag: USDC
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 ...
USDC Hits All-Time Low As Investors Pull Out Funds From The Stablecoin
USDC has been hit with a bearish wave following news of the collapse of Silicon Valley Bank on March 11. ...
USDC Holder Forks Over $2 Million For $0.05 USDT In Desperate Move To Evade Crypto Crash
Every crypto investor’s nightmare starts when a sudden change in the industry leads to panic and massive selloffs. The effect ...
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 ...
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 ...
How This Company “Snitched” On Binance To Get An Advantage In Stablecoin Race
Per a report from Bloomberg, crypto exchange Binance’s recent issues with U.S. regulators were triggered by Circle. The company behind ...
