usdc

Digital stablecoin tether is winning the race for the title of the crypto world's "least risky" asset.As a regional US banking crisis widens and a regulatory crackdown on crypto firms deepens, investments within the cryptosphere are moving…

Crypto investors pulled around $3 billion overall from the stablecoin USDC in three days, the company behind the token said in a blog post on Thursday, as investors rushed to redeem their holdings in the wake of the collapse of Silicon…

In this photo illustration, a woman holds a smartphone with the USD Coin (USDC) logo displayed on the screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesUSD Coin (USDC) came close to regaining its dollar peg on Monday after…

SINGAPORE, - Bitcoin and other cryptocurrencies rallied on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and as cryptocurrency firm Circle assured investors its peg was…

Cryptocurrency firm Circle said all its depositors with the collapsed Silicon Valley Bank and Signature Bank will be made whole and the $3.3-billion USDC reserve deposit held at Silicon Valley Bank will be fully available when banks open on…

Stablecoin USD Coin (USDC) lost its dollar peg and slumped to an all-time low on Saturday after Circle, the U.S. firm behind the coin, revealed that some of the reserves backing it were held at Silicon Valley Bank.Circle has $3.3 billion of…

Logo of Silicon Valley Bank is at a location in San Francisco, California, U.S. March 10, 2023.Staff | ReutersThe U.S. cryptocurrency firm Circle's USD Coin lost its dollar peg and fell to a record low Saturday morning after the company…

Crypto lender Celsius Network will seek to exit bankruptcy under the guidance of asset manager NovaWulf Digital Management, which will take over the operations of a new company that will be owned by Celsius customers, the company said at a…

The head of major crypto exchange Binance said on Wednesday deposits were returning, a day after it saw heavy outflows of cryptocurrencies and halted some stablecoin withdrawals. On Tuesday, blockchain data firm Nansen said Binance saw…

Cryptocurrency operator Circle Internet Financial said on Monday it has decided to end a $9 billion deal with blank-check firm Concord Acquisition Corp , nearly ten months after an earlier agreement was amended. "We are disappointed the…