[ad_1] US Congressman Warren Davidson who represents Ohio’s 8th District urged his colleagues to stand up to the government. Central Bank Digital Currency (CBDC). Today, in a letter, Members of Congress shared…
Category: Stablecoin News
Coinbase Offered $3B Credit Line To Circle For Repegging USDC
[ad_1] Crypto News: As more and more information about the tragic weekend at the USDC depeg continues to emerge, the most recent development after the Silicon Valley Bank fiasco was the introduction…
USDC To Regain $1 Peg As Circle Devises Strategy To Cover Shortfall
[ad_1] In an official statement, USDC issuer Circle said it would resume normal operations from Monday and stablecoins would be individually exchangeable for US dollars. This comes after the company devised a…
Shibarium Early Public Beta Test Puppynet Is Live
[ad_1] News Shibarium Beta Puppynet Shiba Inu: Amidst much anticipation about the beta launch of Shibarium, Shytoshi Kusama, lead developer of Shiba Inu, announced that the beta test is now live. Developers…
Crypto Funds Confident Of USDC Recovery Amid SVB Contagion
[ad_1] USDC Coin Price News: The cryptocurrency market is showing signs of recovery amid fears of liquidity problems stemming from the failure of two US banks — Silvergate and Silicon Valley Bank….
Circle’s USDC Reserves In Hot Water As Records Show Exposure To Silicon Valley Bank
[ad_1] On Friday, the leading Silicon Valley Bank, which serves as a go-to bank for venture capitalists and startups, was shut down by the California Department of Financial Protection. While not as…
Tether Used Fake Papers, Shell Firms To Get Banking Access: WSJ Report
[ad_1] Since the early days of the cryptocurrency industry, Tether, the issuer of the world’s largest stablecoin by market share, USDT, has been shrouded in controversy and a flurry of accusations. In…
Circle (USDC) CEO Talks ‘Anxiety’ About US Crypto Regulation
[ad_1] Circle USDC Coin: Despite increasing regulatory pressure around the crypto market, the US government is far from providing a clear and distinct view. This amid increasing interest from new entrants into…