USD Coin News

Xapo Bank to enable USDC deposits and withdrawals
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees.... Read more
Posted by cointelegraph.com 13 hours ago
USDC issuer Circle issues warning about hacked executive account
Stablecoin issuer Circle has warned its community about a fake USD Coin (USDC) airdrop on the Twitter account of its... Read more
Posted by cryptoslate.com 19 hours ago

Circle CSO's Twitter account breached by scammers
"Any links to offers are scams. We are investigating the situation and taking action accordingly," wrote USDC issuer Circle.... Read more
Posted by cointelegraph.com 21 hours ago

Tether CTO on USDC depeg: ‘Bitcoin maxis were right all along’ | PBW 2023
Paolo Ardoino said that recent events in the crypto space demonstrate that Bitcoiners were right and that Bitcoin is the... Read more
Posted by cointelegraph.com 21 hours ago

Will Djed make the most of stablecoin turmoil? Here’s what the metrics say
Djed didn’t lose its USD peg during the recent turmoil in the stablecoin market, Djed’s TVL saw gains of 17%... Read more
Posted by ambcrypto.com yesterday
USDC issuer Circle seeks regulatory approval in France amid US banking troubles
USD Coin (USDC) issuer Circle has applied to become a licensed Electronic Money Institution and a registered Digital Asset Service... Read more
Posted by cryptoslate.com 2 days ago

USDC issuer Circle offered $3 billion emergency backstop from Coinbase
Coinbase reportedly offered a $3 billion credit facility to USDC issuer Circle Internet Financial. The credit facility was to guarantee... Read more
Posted by ambcrypto.com 2 days ago

CryptoPunks surpasses BAYC in market cap as blue chip NFTs continue battle
CryptoPunks’ market share rose to 8.63% while BAYC dipped below 8%. Wrapped CryptoPunks accounted for over 25% of the total... Read more
Posted by ambcrypto.com 2 days ago

Rattled crypto industry could emerge stronger after USDC depeg
Did the depegging reveal stablecoins’ limitations, or was it a learning moment?... Read more
Posted by cointelegraph.com 3 days ago

Aptos registers sustained rise in development activity, but here’s the issue
Aptos’ development activity hit a 5-month high. The DEX volume on the layer-1 blockchain plunged by nearly 40% over the... Read more
Posted by ambcrypto.com 4 days ago
Silicon Valley Bank Implosion Whipped Up Frenzy of DeFi Transactions As Crypto Assets Rebounded: DappRadar
Silicon Valley Bank’s (SVB) high-profile implosion last week whipped up a frenzy of decentralized finance (DeFi) transactions, according to market... Read more
Posted by dailyhodl.com 5 days ago

SBF legal fees, BTC market cap flips Meta and USDC climbs back to $1: Hodler’s Digest, March 12-18
Sam Bankman-Fried seeks to use FTX’s corporate insurance, Bitcoin outperforming Wall Street banks in 2023 and USDC repegs after turbulent... Read more
Posted by cointelegraph.com 5 days ago

USDC in circulation fell over 10% since de-peg event
The stablecoin market has seen significant changes over the past few weeks — including the removal of over 7 billion... Read more
Posted by cryptoslate.com 5 days ago

USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny: Moody’s
"Financial institutions may reconsider adopting stablecoins to settle agreements involving tokenized securities out of concern over the coins' potential volatility,”... Read more
Posted by cointelegraph.com 6 days ago

Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions... Read more
Posted by bitcoin.com 6 days ago

Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up
Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in.... Read more
Posted by cointelegraph.com 6 days ago
On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg
Trading firms were quick to jump on the USDC long trade over the weekend as the stablecoin slumped to $0.88... Read more
Posted by coindesk.com 6 days ago

U.S. Banking turmoil halts NFT hype as DeFi thrives
The recent collapse of the Silicon Valley Bank (SVB) and the USD Coin (USDC) de-peg halted the hype around Non-Fungible... Read more
Posted by cryptoslate.com 6 days ago

USDC’s supply has plunged $21 billion from peak as banking turmoil scares crypto investors
Until a week ago, USD Coin was seen as the world’s safest stablecoin. BUSD, one of its chief rivals, was... Read more
Posted by invezz.com 6 days ago

Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash
The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to... Read more
Posted by cointelegraph.com 6 days ago
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