USDC

USDC

Finanzen

USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos

The stablecoin fell below $1 in value on Friday after it emerged that some portion of issuer Circle’s funds were at the failed Silicon Valley Bank.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Märkte

First Mover Americas: Bitcoin Gains as FDIC Steps In for Silicon Valley Bank

The latest price moves in crypto markets in context for March 13, 2023.

(Provided)

Finanzen

Smart Money Staying Put as USDC Remains Off Peg

Data from Nansen shows the total amount held by smart money wallets, and active addresses, are at multi-month lows.

Money (Alexander Grey/ Unsplash)

Richtlinien

Circle Scrambles to Right USDC After Signature Bank Failure

Circle Internet Financial is racing to find new banking partners for its USDC stablecoin.

CEO Jeremy Allaire's Circle is part of the consortium behind USDC. (Danny Nelson/CoinDesk)

Märkte

USDC Volatility Lifts Bitcoin's Coinbase Premium to 3-Year High

While the Coinbase premium is usually taken to represent stronger buying pressure from U.S. investors, that's probably not the case this time.

Bitcoin's Coinbase Premium Index (CryptoQuant)

Finanzen

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

The company plans to use corporate resources to fill the gap, including external capital.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Märkte

Bitcoin Regains $20K After $200M in Crypto Liquidations; Some Traders Brush Off USDC Fears

Some traders are signaling strength for USD coin, citing its treasury backing in U.S.-issued bonds.

Bear and bull (Pixabay)

Märkte

Traders Bet on USD Coin Rebound as USDC Falls to 90 Cents

Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows.

(Nicholas Cappello/Unsplash)

Märkte

DAI Depegs to Lifetime Lows as Stablecoin Rout Plagues Crypto

MakerDAO’s decentralized stablecoin hit an all-time low of 88 cents in Asian afternoon hours on Saturday.

(Pixabay)

Märkte

USDC Stablecoin Depegs, Crypto Market Goes Haywire After Silicon Valley Bank Collapses

USDC's normally stable price sank to 87 cents from $1 while Ethereum gas fees soared hours after the crypto-tied bank failed.

(DALL-E/CoinDesk)