Circle USDC Rebounds From De-Pegging, but Stablecoin Observers See an Uncertain Future
Investors fled three days ago when Circle-issued USDC failed to keep its peg against the U.S. dollar. Messari data suggests Circle has taken.
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Decentralized Exchange (DEX) Trading Volumes Surged Nearly 250% Amid Stablecoin Crisis
During the stablecoin crisis earlier this week, which saw the value of USDC, the second-largest stablecoin by market capitalization, drop to $0.87 before.
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Signature Bank’s Signet Platform Still Works, But Some Clients Have Moved On
As state officials closed Signature Bank on Sunday to “protect depositors,” Signet, a real-time payments platform popular with institutional crypto clients, will continue.
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Circle USDC operations will resume when U.S. banks open Monday: CEO Allaire
Circle The CEO of USDC, Jeremy Allaire, stated on Twitter that the organization’s reserves are “safe and secure,” and that liquidity activities will.
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USDC Bounces Back Toward $1 Peg after Fed Announcement
After assurance from CEO Jeremy Allaire that its reserves are secure and the company has new banking partners lined up for “banking open.
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Deutsche Bank plans to offer crypto custody
According to the WEF report, Deutsche Bank intends to launch a cryptocurrency custody platform and related crypto services.
