September 16th, 2025
USDC News - Page 16
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.
Canada Lists Stringent Requirements for CTPs Trading in Stablecoins
By Sanaa Sharma
February 23rd, 2023
The crypto asset trading platforms will now be forbidden from allowing clients to trade and deposit stablecoins, or any other type of “Value Referenced Crypto Assets” (VRCAs), without the CSA’s prior written authorization.
Mastercard Partners Web3 Payment Protocol Immersve to Allow Crypto Payments via USDC
By Darya Rudz
February 22nd, 2023
There is no need for Mastercard users to rely on a third party to make a direct crypto payment, they can just use their existing Web3 wallets and private keys to approve payments. Meanwhile, Immersve will find a third-party settlement provider and allow its users to use USDC for paying for all purchases.
Celsius Reaches Acquisition Agreement with Digital Management Agency to Exit Bankruptcy
By Tolu Ajiboye
February 16th, 2023
Insolvent crypto lender Celsius entered an acquisition agreement with NovaWulf that sees the creation of a new company.