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Circle says substantially all USDC minting, redemption backlogs are resolved after wild week

After the weekend’s depegging of the stablecoin, Circle, which issues USDC, has declared that substantially all the minting and redemption backlogs have been resolved. The post Circle says substantially all USDC minting, redemption backlogs are resolved after wild week appeared first on CryptoSlate. дальше »

2023-3-17 23:01


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Signature Bank collapse means crypto will ‘be forced’ to move to Wall Street: pro

Signature Bank’s sudden collapse over the weekend represents a ‘blow for crypto,’ Truflation CEO Stefan Rust said in a statement obtained by Invezz. According to Rust who runs the independent inflation data aggregator project, the crypto industry is now “scrambling” for new banking partners to handle on and off-ramps. дальше »

2023-3-14 16:49


USDC depeg – Everything we know so far as contagion spreads from TradFi banking

What we know so far about the SVB collapse and USDC/DAI depeg (updated): Crypto firm Circle reveals $3.3 billion stuck in SVB DAI/USDC depeg as stablecoin pressure continues after Silicon Valley bank collapse Binance suspended USDC conversions due to volatile market conditions Coinbase suspended USDC conversions “over the weekend while banks are closed” SVB contagion: […] The post USDC depeg – Everything we know so far as contagion spreads from TradFi banking appeared first on CryptoSlate. дальше »

2023-3-11 16:10