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Tag: Circle USDC

Multicoin Capital invests in Wormhole to enhance crypto interoperability

Blockchain
Multicoin Capital leads $225 million funding round for Wormhole, a leading multichain solution with over $41 billion assets and 30 chains, focusing on user...

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NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access

Blockchain
The RRP lets selected counterparties – money market funds, banks – lend overnight to the Fed at a fixed rate, currently at 4.8%. While...

SVB’s collapse is a scammer’s dream: Don’t get caught out

Cyber Security
How cybercriminals can exploit Silicon Valley Bank’s downfall for their own ends – and at your expense Big news events and major...

Ripple CEO Assures ‘strong financial position’ Despite SVB Collapse

Blockchain
The company’s exposure to Silicon Valley Bank was discussed by Ripple CEO Brad Garlinghouse on Twitter on March 12. He also...

Circle USDC operations will resume when U.S. banks open Monday: CEO Allaire

Blockchain
Circle The CEO of USDC, Jeremy Allaire, stated on Twitter that the organization’s reserves are “safe and secure,” and that liquidity...

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

Blockchain
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and...

Circle’s USDC Endured $1B of Net Redemptions Since Silicon Valley Bank’s Shutdown

Blockchain
USDC is the second-largest stablecoin, trailing only Tether’s USDT, and a backbone of the crypto ecosystem. The token’s value is backed by U.S. government...

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