Xapo Bank Partners With Circle to Integrate USDC Payment Rails
The main aim of the integration is to serve as an alternative to SWIFT.
The main aim of the integration is to serve as an alternative to SWIFT.
Tether had previously confirmed having no exposure to SVB or Silverbank.
Hackers have used a Circle executive's Twitter account to promote a fake USDC airdrop.
Coinbase was supposedly close to provide Circle with a $3 billion credit.
Circle is working on adding more transaction banking partners.
The committee will hold its first meeting on March 22nd.
Jeremy Allaire detected irony in how his crypto company needed to be rescued from the banking system this week.Â
Buterin sent 200 ETH to an address belonging to Kraken and 500 ETH to Reflexer to accumulate USDC and DAI
DEX platforms generated a massive amount of volume from USDC trades.
Circle, Ripple, and Pantera Capital are among the companies exposed to SVB, while Coinbase and Paxos have assets stuck in