Who Has Exposure to SVB and Signature Bank? A Closer Look
Circle, Ripple, and Pantera Capital are among the companies exposed to SVB, while Coinbase and Paxos have assets stuck in
Circle, Ripple, and Pantera Capital are among the companies exposed to SVB, while Coinbase and Paxos have assets stuck in
Silicon Valley Bank depositors are being bailed out by the government to ensure the stability of the banking system.Â
A stablecoin (USDC) is the best performer amid the top 10 cryptocurrencies by market cap for the past 24 hours.
With the banking giant's demise, are Circle's stablecoin reserves large enough to fully back USDC?
The US securities regulator has garnered the crypto community's attention as of late.
Circle refuted numerous claims and rumors that it has become the latest target in the U.S. SEC’s war on crypto.
Circle alerted the NYDFS months ago about Binance’s inability to maintain adequate reserves for the tokens its issues, according to
The Jeremy Allaire-led firm said that the turbulence in the crypto market had nothing to do with the termination.
Circle’s Cross-Chain Transfer Protocol lets users burn USDC on one chain while Circle sends them newly minted USDC on another.Â
Tether's USDT and Circle's USDC were last printed in May and June respectively.