Sigh of Relief: Circle’s Dollar Based Stablecoin USDC Regains $1 Peg
Following the announcement last night by federal regulators that all deposits at Silicon Valley Bank (NASDAQ:SIVB) would be guaranteed, Circle CEO issued a statement on the company’s dollar-based stablecoin, USDC, as any risk was eliminated from Circle’s relationship with SVB. As was reported last week,… Read More
Read more in: Blockchain & Digital Assets | Tagged circle, jeremy allaire, silicon valley bank, svb, usdc