USDC
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Regulation
Jeremy Allaire Says Circle Will Use Own Resources to Cover Shortfalls As USDC Moves Closer to Peg
Circle CEO Jeremy Allaire is speaking out for the first time following USDC‘s depeg from the dollar, which saw over…
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Crypto whales suffer huge losses due to USDC depeg, SVB collapse
In response to the extraordinary depegging event of the USD Coin (USDC) stablecoin caused by the collapse of its counterparty…
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USDC slowly repegs on unconfirmed reports of SVB resolution
According to a post on Mar. 11 by Bob Elliot, chief investment officer of Unlimited Funds, relief efforts may already…
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Analysis
Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor
Ad Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels…
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DeFi
MakerDAO files emergency proposal addressing 3.1B USDC exposure
According to a forum post from MakerDAO, the issuer of the U.S. dollar-pegged DAI (DAI) stablecoin, on March 11, the…
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Vitalik Buterin's philanthropic fund donates 15M USDC to UC San Diego
According to a Mar. 7 announcement from the University of California San Diego (UCSD), the post-secondary institution has received a…
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Altcoins
How USDC has gained from ongoing BUSD chaos
USDC witnessed interest from Genesis and other institutional investors. BUSD and USDT lagged in terms of transfer volume. According to…
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USDC issuer Circle to increase staff by up to 25% amid layoff season
USD Coin (USDC) issuer Circle plans to increase its workforce by 15–25% in 2023 amid a sea of layoffs across…
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Bitcoin
BTC accumulation rises as USDC holdings decrease: What’s the connection?
Addresses holding 100,000 – 1 million USDC decreased by around 7.8%. USDC flow into Bitcoin has increased in the last…
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Metaverse
Mastercard to allow crypto payments in Web3 via USDC settlements
A partnership between Web3 payment protocol Immersve and payments giant Mastercard will allow users to make crypto payments on digital,…
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