Articles filed under
USDC – USD Coin
Circle’s USDC bounces back after Silicon Valley Bank bust
Top blockchain and crypto news: USDC stabilizes after SVB collapse. Silvergate closes shop. China tightens financial supervision.
Circle’s Disparte speaks on de-risking crypto from banking risks
The recent U.S. banks fallout is a stress test for both traditional finance and digital assets but to weather the storm side by side is a powerful opportunity, says Circle Chief Strategy Officer Dante Disparte.
Circle’s USDC stablecoin regains parity as regulators act to stop bank run risk
Circle said its $3.3 billion of USDC cash reserves at the collapsed Silicon Valley Bank will be available Monday after regulators stepped in to backstop deposits.
Binance stablecoin conversion controversial, but what does it mean for users?
Binance generated controversy when it told customers it would convert their holdings in three stablecoins to its own stablecoin. Some analysts say the concerns are overblown, others disagree.
Binance pushes out USDC in aggressive move to boost its own stablecoin
Top blockchain and crypto news: USDC gets the boot from Binance. MicroStrategy looks for Lightning strikes. STEPN heads to Hong Kong.
Binance halts USDC support; Inflation hits crypto
Binance puts it’s own stablecoin, BUSD, at the forefront. Meanwhile, inflation casts its own shadow across the crypto.
Questions over Circle’s USDC reserves linger despite assurances
Fresh claims that emerged over the weekend about the status of Circle’s USDC reserves cast doubts on the ability of the so-called stablecoin to maintain its peg. In a deep dive, Forkast examined the allegations and reached out to the company for its version of events.
Will Mt. Gox Bitcoin eruption smother hopes of rapid crypto recovery?
Top blockchain and crypto news: Payback time for Mt. Gox investors. USDC issuer strikes back as critics circle. Chinese bank fiasco hits a nerve.
Stablecoins, USDC and the ‘Circle of trust’
Investor confidence in stablecoins has plummeted since the Terra fiasco. Circle’s chief of finance assesses how they’re holding up amid a barrage of “FUD”.
What is the right approach to regulating stablecoins?
Terra UST’s crash and burn is prompting calls for regulations. But lawmakers shouldn’t paint all stablecoins with the same brush, writes Alan Chiu.
Tron bolsters reserves again; Fed decision market wobbles
The USDD reserves sees US$500 million worth of USDC added to it. Meanwhile, the US Federal Reserve’s rate decision has the crypto market bracing for itself.
Why are stablecoins overwhelmingly backed by the US dollar?
Stablecoins are taking the world by storm and it’s the US dollar that outweighs any other fiat-backed cryptocurrency. What are the reasons for the greenback’s dominance?
Will the growing regulatory heat on stablecoins stifle innovation?
As stablecoins face pressure to adopt traditional safeguards, the industry’s efforts to self-regulate should not be overlooked, writes Charlie Martin of Gro.
Circle contributes to $4.3M Series A funding round for yen-backed stablecoin
As Circle expands into Asia as part of a global expansion plan, what does the investment in a yen-back stablecoin mean for the market?
NFT trade takes off. Tether’s bankable reserves. Tencent targeted in China.
Top blockchain and crypto news: NFT wave buoys OpenSea. Are dollars and sense a lifeline for Tether? Tencent gets a target on its back.
Visa hops on USDC’s Eth2 wagon. China flexes DCEP digital currency in biggest test yet. Will US tighten Libra/Diem’s tether?
Other top blockchain and cryptocurrency news: S&P Dow Jones to launch crypto index. Walmart invests big in India’s PhonePe.
Proposed US law would require stablecoins to be 1:1 dollar-backed
Are American lawmakers going after Facebook’s Libra, now called Diem? Controversial Tether may be the real target of new stablecoin-restraining bill.
Ep. 35 | Filecoin launch hits miner turbulence. USDC adds Stellar to rely less on Ethereum. Associated Press to publish US elections data on blockchain.
Other top news: OKEx cryptocurrency exchange freezes services amid police investigation. Investors bet $100 million on ‘neobank’ Razorpay in India