USDT vs USDC: Why USDC’s stumble is USDT’s triumph
Despite the plethora of concerns surrounding its reserves, the debate between USDT and USDC continues, with both stablecoins having their pros and cons.
USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default
Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase agreements instead, a company spokesperson said.
Coinbase debuts feeless USDC trading in Singapore
Crypto exchange giant Coinbase has begun offering zero-fee USDC trading for users in Singapore. The initiative followed a survey showing an increasing level of crypto adoption.
Circle Founder Jeremy Allaire: 10-Year Rollercoaster to USDC’s Success
Circle founder Jeremy Allaire recounts the ups, downs and pivots of Circle’s journey and the vital debate around USDC and the future of money at Consensus 2023.
Insight into the world of stablecoins: EURS vs. USDC
As has been known for some time, Stablecoins are becoming increasingly popular in the blockchain sector because, unlike normal cryptocurrencies, their value is pegged 1:1 to that of a given…
The US should promote USDC — before it’s too late
USDC brings stability to cryptocurrency. It would behoove the financial system if policymakers took measures to foster its adoption.
Circle Shifts USDC Reserves Amid US Debt Default Concerns
Stablecoin issuer Circle has reportedly adjusted its treasury reserves to mitigate the risk of US debt defaults. Amid the ongoing banking crisis in the United States, Circle CEO Jeremy Allaire…
Circle’s risk-averse moves and adjusted reserves could do this for USDC
Despite Circle’s moves to avoid being affected by the U.S goverment, the overall sentiment around USDC remains negative
USDC Issuer Circle Rebalances Treasury Holdings Amid US Debt Ceiling Crisis
Circle is preparing to avoid potential lapse as debt ceiling crisis loom with no agreement in sight.
Circle Adjusting Its USDC Reserves for Avoiding US Default Risks
Amid the current banking crisis in the United States, stablecoin issuers like Tether and Circle have been moving their reserves to the safest instrument i.e. US Treasury.
