Circle – Page 21 – BitlyFool.com

March 11, 2023

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

On Saturday, March 11, 2023, crypto advocates are concerned as a few… More...

March 11, 2023

Banks down? That is why Bitcoin was created, crypto community says

The Silicon Valley Bank collapse on March 10 has sparked fear, uncertainty… More...

March 11, 2023

MakerDAO urgently requests proposal to mitigate risks to protocol amidst USDC depegging

On March 11, MakerDAO issued an “urgent executive proposal”… More...

March 11, 2023

Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?

Bitcoin recovers from the depegging of USDC, the second-largest … More...

March 11, 2023

USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank

At the time of writing, USDC lost 3% of its value as it traded at $0.969,… More...

March 11, 2023

Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto

Circle's USDC stablecoin was hit by the shutdown of Silicon Valley… More...

March 11, 2023

Circle discloses $3.3B tied up at Silicon Valley Bank

Circle joined other customers and depositors in calling for the continuity… More...

March 10, 2023

Circle Confirms $3.3B of USDC’s Cash Reserves Stuck at Failed Silicon Valley Bank

Silicon Valley Bank, one of the reserve banking partner for Circle's… More...

March 10, 2023

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

Stablecoin issuer Circle held an undisclosed amount of USDC’s cash… More...

March 10, 2023

USDC Issuer Circle Says it ‘Awaits Clarity’ From FDIC on Silicon Valley Bank Collapse

In its first statement following the collapse of Silicon Valley Bank,… More...

March 10, 2023

USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal

USDC dropped to $0.973, its lowest level since the collapse of FTX.… More...

March 10, 2023

Circle’s exposure to U.S. banks could top $9B

Circle's reserves are held in a number of banks in the United States,… More...

March 10, 2023

Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate Shutdowns

$11.4 billion of USDC reserves are held in the form of cash at Reserve… More...

March 10, 2023

Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

Circle’s USDC, the second largest stablecoin with $43 billion market… More...

March 8, 2023

Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist

At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention… More...

March 8, 2023

Crypto Long & Short: Why Layer 2 Protocols Matter

This week, Glenn Williams Jr. tackles one of the core bits of infrastructure… More...

March 8, 2023

Crypto Rails Should Bring Efficiency Gains to the $7T-a-Day TradFi FX Market

Todd Groth of CoinDesk Indices wades into one of traditional finance’s… More...

March 7, 2023

Dapper Removes ACH Withdrawal Option, Citing Circle

Wire transfer and USDC remain an option for Dapper users.… More...

March 6, 2023

Tether’s USDT Stablecoin Market Share Rises to Highest Level in 15 Months

USDT’s market share among stablecoins surpassed 54% on Monday, the… More...

March 4, 2023

Flurry of Additional Crypto Companies Back Away From Silvergate As Crypto Markets Dip Across the Board

More crypto firms are distancing themselves away from the crypto-friendly… More...

March 3, 2023

Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank

A total of five crypto companies end their partnership with Silvergate… More...

March 3, 2023

Binance USD market cap falls below $10B amid rising regulatory concerns

As it stands today, BUSD's market cap has fallen by nearly $14 billion… More...

March 2, 2023

Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank

Silvergate is reportedly facing an investigation from the United… More...

February 24, 2023

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

On Friday, the cryptocurrency firm and stablecoin issuer Circle … More...

February 24, 2023

FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves

The Atlanta, Georgia-based bank joined the Federal Reserve System… More...

February 23, 2023

SEC is not the appropriate regulator for stablecoins: Circle CEO

Circle boss Jeremy Allaire maintains that "payment stablecoins"… More...

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