Stablecoins
Justin Sun-related wallet made over $3M from USDC depeg
Peckshield reported that wallet connected to Ethereum co-founder Vitalik Buterin also bought the USDC dip.
Oluwapelumi Adejumo 2 min read
USDC
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Insights into USDC adoption, stablecoin regulation, and integration across global financial systems.
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Analysis
USDC CEXs hits 12 month high following USDC depeg event: Messari
Although it is expected that Circle's $3.3 billion SVB deposits will be reinstated this week, the aftershocks to DeFi are likely to remain.
Bankruptcy
Circle says USDC operations unaffected by SVB, Signature closures
Circle said that the $3.3 billion of USDC reserve deposits held at Silicon Valley Bank will be fully available on Monday.
Latest USDC News & Analysis
Bankruptcy
Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to SVB, USDC Depegging
Binance CEO hints at possible bank acquisitions amid crypto-friendly banks facing severe distress and failures.
Stablecoins
Op-ed: Why the USDC depeg is not a reason to panic
We delve into the stability of USDC and analyze crucial factors and risks associated with it.
Stablecoins
Stablecoins rally as Circle announces it will cover all USDC redemptions 1:1
Circle pledges to cover any shortfall in USDC stablecoin assets after Silicon Valley Bank collapse.
Stablecoins
Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor
As of press time, almost all of the big stablecoins are struggling with maintaining their peg except for Tether's USDT, which is trading slightly above its peg at $1.01.
Stablecoins
USDC depeg – Everything we know so far as contagion spreads from TradFi banking
Coinbase and Binance both suspend USDC conversions until the dollar peg stabilizes, while BlockFi and Avalanche both reveal ties to SVB.
Stablecoins
Binance accumulates 3.8B USDC in three weeks
At the time of writing, Binance's current USDC balance sits at 5.1 billion.
More USDC News Headlines
Stablecoins
USDC market cap has shrunk almost $7B since October 2022
Stablecoins
Circle says USDC ‘is a dollar with super powers’ at WEF, pushes for more inclusion
DAOs
ENS DAO considers proposal to auction 10,000 ETH for USDC
Stablecoins
