The USDC stablecoin has regained its dollar peg after regulators said Silicon Valley Bank depositors would be made whole. USDC had dipped to as low...
Circle says it is confident it will recover $3.3 billion in reserves held at Silicon Valley Bank. The announcement Saturday (March 11) led Circle’s USDC...
Visa is reportedly exploring plans to let customers convert crypto assets into fiat currencies. Speaking at the StarkWare Sessions 2023 conference in Tel Aviv, Cuy...
Bad crypto news has brought a big opportunity for traditional banks to advance tokenized deposits. Add in the unreliable, peg-breaking status of so-called stablecoins, as...
Investors withdrew $3 billion from Binance Tuesday (Dec. 13) over worries about the crypto industry. Chanpeng Zhao, the cryptocurrency firm’s chief executive, had initially written...
Binance restarted withdrawals of stablecoin USDC Tuesday (Dec. 13) after an hours-long pause. The cryptocurrency exchange tweeted “$USDC withdrawals are back online. Thank you for...
Coinbase is offering to convert USDT to USDC with no fees. The firm said in a Thursday (Dec. 8) blog post that the recent turmoil in the cryptocurrency...
The crypto winter has now chilled all manner of digital currency activities, including an IPO. FinTech Circle, which issues USDC stablecoins, said in an announcement...