November 4th, 2025
USDC News - Page 16
BlockFi Bankruptcy Attorney Describes Digital Assets Lender as Safe amid Silicon Valley Bank Crisis
By Tolu Ajiboye
March 14th, 2023
Christine Okike said BlockFi remains safe and looked to access significant cash held with Silicon Valley Bank yesterday.
Coinbase (COIN) Stock Gains 10% amid Banking Crisis and Crypto Recovery
By Steve Muchoki
March 14th, 2023
Coinbase shares are up approximately 67 percent YTD, despite a 62 percent decline last year.
Circle Reassures Customers Riding on Promises from Federal Regulators
By Godfrey Benjamin
March 13th, 2023
According to Circle, the bulk of its reserve for the USDC stablecoin is domiciled in US Treasury Bills.
USDC Stablecoin Peg Drops after SVB Exposure, Circle Issues Corrective Measures
By Bhushan Akolkar
March 13th, 2023
USDC stablecoin issuer Circle has a staggering $3.3 billion of its total reserves with the Silicon Valley Bank. Circle has promised to cover any shortfall using corporate resources as well as external capital if required.
US Government Announces $25B in Funding amid Fears of Looming Banking Crisis
By Mayowa Adebajo
March 13th, 2023
The US government appears to be solely focused on strengthening public confidence in its banking system.
7 Ways to Diversify Your Crypto Portfolio
By Andy Watson
March 8th, 2023
A diversified portfolio is a crucial measure to mitigate risks, and also a safe way for newcomers to enter the crypto space.
Crypto Market Tanks amid Worries of Silvergate Bank’s Insolvency
By Bhushan Akolkar
March 3rd, 2023
As the Silvergate crisis spreads across the broader market, investors have been shoring up stablecoins with USDT and USDC witnessing a surge in trading activity.
Trio of Japanese Banks Look to Embark on Stablecoin Experiment
By Tolu Ajiboye
March 2nd, 2023
Japanese banks Tokyo Kiraboshi Financial Group, The Shikoku Bank, and Minna no Bank are reportedly launching a stablecoin to enhance payments.
Coinbase CEO Calls for Clear Crypto Regulations in US to Catch Up with Other Global Financial Hubs
By Steve Muchoki
March 2nd, 2023
According to Armstrong, the crypto asset market is here to stay, thus the reason traditional financial services are integrating with the blockchain and cryptocurrency industry.
Australia Partners with Payment Giant Mastercard, Others to Test CBDC
By Mayowa Adebajo
March 2nd, 2023
The RBA is set to explore various use cases for its central bank-issued digital currency (CBDC).
Binance Refutes Forbes Collateral Report Alleging Exchange Transferred Vast Customer Funds Surreptitiously
By Tolu Ajiboye
February 28th, 2023
Leading exchange Binance claims that the Forbes collateral report relates to its internal wallet management and is thus unfounded.
Binance Transferred $1.8B of Users’ Collateral Stablecoins to Hedge Funds, Including Alameda, Last Year
By Steve Muchoki
February 28th, 2023
Binance has indicated that the fund transfer was among its standard practices and did not create any problems for its traders.
What Is Purpose behind Binance’s Proof of Reserves Website?
By Andy Watson
February 27th, 2023
Binance has already started the PoR system with BTC, and the company plans to release reserves for different coins like BNB, ETH and USDC in the future.
DeFi Protocol Platypus Announces Major Compensation after $9M Hack
By Bhushan Akolkar
February 24th, 2023
DeFi protocol Platypus is in talks with Aave and stablecoin issuer Tether in order to recover the funds stolen from last week’s exploit.
USDC Issuer Circle to Increase Workforce by 25%
By Mayowa Adebajo
February 23rd, 2023
Circle is presently focused on expanding its staff. However, it also confirms that its plan to go public is not entirely off the table.