Stablecoin USDC Is Making a Comeback: Coinbase - CoinDesk
WEBFeb 27, 2024 · Circle's USDC, the second-largest stablecoin by market cap, is making a comeback, with liquidity increasing worldwide and usage growing rapidly outside the U.S., leading to a sharp increase in...
Circle Expands USDC Stablecoin to Five New Chains, Unveils ... - CoinDesk
WEBSep 28, 2022 · Circle Internet Financial, issuer of the second largest stablecoin, USD coin (USDC), will expand USDC to five new blockchains in an attempt to strengthen its market position and bolster access...
Latest USDC News | Forbes Digital Assets
WEBJun 11, 2024 · Discover the latest USCoin news, analysis, and trends to stay ahead of the game. Find the latest USDC articles and important investing insights today.
USDC | Digital dollars backed 1:1 with USD | Circle
WEBFully backed digital dollars. Built for rapid global payments and 24/7 financial markets, USDC is a regulated digital currency you can redeem 1:1 for US dollars. Get USDC Start Building. Why businesses choose USDC.
USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
WEBMar 11, 2023 · Almost immediately after USD Coin (USDC) issuer Circle revealed it could not withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), the resultant sell-off caused the ...
USDC overtakes USDT: Compliance is key to stablecoin dominance
WEBMay 3, 2024 · Upcoming regulation frameworks in the United States and Europe may be factors that attract regulatory-compliant users to use USDC over USDT. On April 17, the Lummis-Gillibrand Payment...
Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 ...
WEBMar 11, 2023 · USDC is designed to trade at $1, but it fell below 87 cents on Saturday, according to data from CoinDesk. Regulators shuttered SVB Friday and seized its deposits in what has become the...
USDC nearly regains $1 peg after Circle says SVB deposit is ... - CNBC
WEBMar 13, 2023 · USD Coin (USDC) came close to regaining its dollar peg on Monday after Circle, which issues the stablecoin, said that the $3.3 billion it held with the now-collapsed Silicon Valley Bank will be...
USDC to be available on 15 blockchains after adding 6 ... - Fortune
WEBAug 23, 2023 · USDC—already available on Ethereum, Stellar, Avalanche, Arbitrum, Algorand, Tron, Flow, Solana, and Hedera—will be rolled out on the additional blockchains beginning in September, according to...
USDC Stablecoin Depegs From $1; Circle Says Operations Are …
WEBMar 11, 2023 · USDC is meant to maintain a 1-to-1 peg with the U.S. dollar, but worries about the impact of Silicon Valley Bank’s failure drove it down from $1 on Friday.