$USDC Regains Its Peg After U.S. Treasury Department Says Depositers of SVB Will Be Made Whole
The release of a crucial joint statement by U.S. Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell,.
Crypto News
Crypto News
Ripple CEO Assures ‘strong financial position’ Despite SVB Collapse
The company’s exposure to Silicon Valley Bank was discussed by Ripple CEO Brad Garlinghouse on Twitter on March 12. He also assured his.
Crypto News
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.
Crypto News
USDC, Crypto Rallies on News that SVB, Signature Bank Deposits are Safe
The value of USDC came close to restoring its prior level, while the prices of cryptocurrency increased as a result of the announcement.
Blockchain News
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.
Blockchain News
Crypto Has Just Been Reminded About the Importance of Banks
Although most people had a terrible year in 2020, the tech industry had a boom. Consumers were spending more time on their phones.
Bitcoin News
USDC Tumbles to $0.93 as Circle Reveals $3.3 Billion Held at SVB, Tether and Binance Not Exposed
Market players are concerned about Silicon Valley Bank’s contagion after Friday’s second-largest bank collapse (SVB). Venture capitalists and crypto executives discussed the failure.
Crypto News
Coinbase reiterates that staking services will continue, despite SEC crackdown
Coinbase has reassured users that its staking services will continue and “may actually increase” despite the recent crackdown by the U.S. Securities and.