Sigh of Relief: Circle’s Dollar Based Stablecoin USDC Regains $1 Peg - News View - Latinos del Mundo

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News Home » Browse News » Sigh of Relief: Circle’s Dollar Based Stablecoin USDC Regains $1 Peg

Sigh of Relief: Circle’s Dollar Based Stablecoin USDC Regains $1 Peg

Posted by - Latinos MediaSyndication -

on - March 13, 2023 -

Filed in - Business -

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257 Views - 0 Comments - 0 Likes - 0 Reviews

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

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