Circle
Circle, BlockFi Are Questioned by Lawmakers About Why They Banked at SVB
Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank. Blockchain Association director of government relations Ron Hammond discusses the difference between Coinbase, Binance and Circle's engagements with lawmakers in DC. "The issue that we have in DC is that no matter the approach you take, it seems like you're still going to be at the end of a Wells notice of enforcement action," Hammond said.
Sen. Warren, Rep. Ocasio-Cortez Ask Circle, BlockFi Why They Banked at SVB
Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank. "The Hash" panel discusses the potential outcomes.
Warren, REP. AOC Ask Circle, BlockFi Bakit Sila Nabangko sa SVB
Ang mga mambabatas ay nagtatanong sa 14 na kumpanya tungkol sa "puting guwantes" na paggamot ng SVB sa ilan sa mga pinakamalaking depositor nito.
Ipinagmamalaki ng USDC ang Transparency ngunit T Ito Nakatulong Nang Nagkaroon ng Problema ang Silicon Valley Bank
Ang stablecoin ay nag-aalok ng higit na transparency kaysa sa mga kakumpitensya tulad ng USDT ngunit napatunayang maliit ang halaga nito dahil ito ay na-depegged noong kamakailang krisis sa pagbabangko, sabi ni JP Koning.
Ang USDC ng Circle ay Nananatiling Dominant sa DeFi habang Bumababa ang Pressure sa Stablecoin
Ang USDC, ang pangunahing stablecoin sa desentralisadong Finance, ay pansamantalang nawalan ng peg ng dolyar nitong unang bahagi ng buwan pagkatapos ng pagbagsak ng pangunahing kasosyo nito sa pagbabangko.
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
Circle's USDC stablecoin saw net outflows surpassing $10 billion since March 10 after the regulators shut down the firm's banking partner Silicon Valley Bank. Many of the investors who fled USDC switched to Tether's USDT stablecoin, driving the token to reach its largest market share in 22 months. "The Hash" panel weighs in on these developments.
First Mover Americas: Muling Naghuhukay ang mga Investor ng Panganib
Ang pinakabagong mga paggalaw ng presyo sa mga Markets ng Crypto sa konteksto para sa Marso 30, 2023.
Ang mga Outflow ng USDC ay Lumampas sa $10B habang ang Tether's Stablecoin Dominance ay Umabot sa 22-Buwan na Mataas
Naabot na ng karibal na stablecoin Tether (USDT) ang pinakamalaking market share nito mula Mayo 2021 at ngayon ay kumakatawan sa 60% ng lahat ng stablecoin sa sirkulasyon.
Dante Disparte: Bank Failure, USDC And Contagion
The recent U.S. banks fallout is a stress test for both traditional finance and digital assets but to weather the storm side by side is a powerful opportunity, says Circle Chief Strategy Officer Dante Disparte. Dante Disparte, the chief strategy officer and head of global policy at Circle Internet Financial, has spoken out about the need for greater collaboration between the cryptocurrency industry and banks. Circle is the co-founder and issuer of USDC, a dollar-backed stablecoin with a market capitalization of US$39.5 billion. However, the stablecoin broke its dollar peg over the weekend after it was revealed that Circle held US$3.3 billion in reserve deposits at SVB. As a result, USDC fell to as low as US$0.8774 before gaining its dollar parity on Monday. Tune in to the latest episode of Word on the Block with Forkast Editor-in-Chief Angie Lau for more.
Circle ay Naghahangad na Magparehistro sa France, Ramping Up European Play
Nais ng issuer ng stablecoin na palawakin ang mga operasyon sa Europa at maghanda para sa mga bagong kinakailangan sa reserba sa ilalim ng batas ng MiCA ng EU.
