Circle Reportedly Adjusts USDC Reserves to Avoid US Default Risk
Circle, a stablecoin issuer, has apparently altered its reserves treasury in an effort to lessen the risks of US debt.
Latest News
Blockchain News
Will USDC Succeed Amidst Circle’s Efforts to Revamp? What the Data Suggests
USDC Coin [USDC] was the most troubled stablecoin when its Silicon Valley Bank (SVB) holdings failed. Despite the challenges that.
- by Kelvin Munene
- May 1, 2023
Blockchain News
Stablecoin Issuer Circle Launches Cross-Chain Transfer Protocol
Circle stated on April 26 that its Cross-Chain Transfer Protocol (CCTP) was now operational on the main net. Furthermore, the.
- by Kelvin Munene
- April 27, 2023
Latest News
Circle CEO Warns of Active and Accelerating De-dollarization
According to Jeremy Allaire, CEO of stablecoin issuer Circle, the United States must embrace stablecoin laws and digitize the US.
- by Kelvin Munene
- April 27, 2023
Blockchain News
Circle and BlockFi Questioned on Banking with SVB by Warren and AOC
Two members of Congress investigating the alleged “mutual backscratching arrangements” with the now-defunct Silicon Valley Bank questioned executives at the.
- by Oladapo Hapostle
- April 12, 2023
Latest News
This Crypto Sector Will Grow To $16 Trillion, Here’s How
The value of all cryptoassets has increased significantly in recent years, and in November 2021, it will be worth more.
- by Oladapo Hapostle
- April 1, 2023
Latest News
Circle’s USDC stablecoin sees market cap plunge $10 billion over past two weeks
The market capitalization of the stablecoin fell to approximately $32.5 billion, representing a decline of approximately $10 billion over the.
- by Oladapo Hapostle
- March 31, 2023
Blockchain News
Circle Calls for Direct Holding of USDC Reserve by Federal Reserve
Circle, the USDC stablecoin’s issuer, has advocated for the direct deposit of stablecoin reserves with the US Federal Reserve. On.
- by Oladapo Hapostle
- March 29, 2023
Bitcoin News
Should Bitcoin’s [BTC] Market Bulls be Thanking Banks Just Yet? The Answer is…
Recent volatility in Bitcoin’s [BTC] price hasn’t done much to dim the indications of a bullish market. In fact, the.
- by Oladapo Hapostle
- March 18, 2023
Latest News
Maker Passes First Vote to Increase U.S. Treasury Bond Holdings to $1.25B
According to a March 15 Twitter thread, Maker’s governance community first voted in support of expanding US Treasury bond holdings.
- by Oladapo Hapostle
- March 18, 2023
