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$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.

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Latest 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.

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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.

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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.

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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.

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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.

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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.

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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.

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