Circle makes risk-averse moves regarding its treasury. Despite high collateralization, overall sentiment remains negative. USDC’s…
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Circles
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AltcoinCryptocurrencyNews
Will USDC succeed amidst Circle’s efforts to revamp? What the data suggests
by adminCircle maintained strong reserves to back USDC despite market volatility. USDC’s marketcap continued to decline. …
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CryptocurrencyICONews
Bitcoin BTC Price Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Bank Woes
by adminEther (ETH), the second-largest cryptocurrency by market value, followed a similar pattern, jumping almost 3%…
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AltcoinCryptocurrencyNews
Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change
by adminThe New York Federal Reserve published new rules for counterparties looking to use its money…
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CryptocurrencyICONews
NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access
by adminFunds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible”…
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CryptocurrencyExchangesNews
Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M of Circle’s USDC Stablecoin to Coinbase Custody
by adminMaker, one of the largest decentralized lending protocols, is led by a decentralized autonomous organization…
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CryptocurrencyExchangesNews
Bitcoin BTC Price Holds Steady Near $30.5K, Ether ETH Price Circles Around $2.1K
by admin“Ether and bitcoin have both seen upside follow-through after confirming base breakouts in late March,…
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“Regulators who tend to fight the last war are certainly on guard right now –…
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BitcoinCryptocurrencyNews
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
by adminThe stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the U.S.…
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CryptocurrencyICONews
Circle’s USDC Stablecoin Endures $1B Net Redemptions Since Silicon Valley Bank Shutdown, Nansen Data Shows
by adminUSDC is the second-largest stablecoin, trailing only Tether’s USDT, and a backbone of the crypto…
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BitcoinCryptocurrencyNews
Voyager Continues Liquidating Crypto Assets for Circle’s USDC Stablecoin
by adminPlease note that our privacy policy, terms of use, cookies, and do not sell my…
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CryptocurrencyExchangesNews
Paxos Halt of BUSD Stablecoin Issuance Derails Binance Strategy for Global Dominance, With Tether’s USDT, Circle’s USDC, Maker’s DAI as Likely Gainers
by adminIn the largest BUSD pool on decentralized finance (DeFi) protocol Curve, where traders can swap…
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“The business combination could not be consummated before the expiration of the transaction agreement because…
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Meta hopes for an eventual “interconnectability” between the different global jurisdictions that will be wrestling…