Circle reportedly adjusts USDC reserves to avoid US default risk
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential US debt defaults.
Circle Backs USDC With Shorter US Treasurys, Worries US Government Will Default
Circle CEO Jeremy Allaire is prepping for a possible US debt default.
Coinbase earnings beat estimates, interest income from USDC nears $200 million
Coinbase earnings beat estimates in key areas as firm faces off with the SEC.
USD Coin (USDC) Prices Dip Below $1: Regulatory and Environmental Concerns Remain
USD Coin (USDC), the world’s largest crypto currency, has seen a steep decline in value recently, dropping below $1.00 for the first time in several weeks. The dip in prices…
Will USDC succeed amidst Circle’s efforts to revamp? What the data suggests
Circle continues to back its stablecoin USDC, with adequate amount of reserves in its treasury. Despite this the faith in its stablecoin, USDC did not perform well.
Circle’s Cross-Chain Transfer Protocol Hits Mainnet for USDC Transfers
Circle said that CCTP is a highly secure and capital-efficient way for USDC transfers in an increasingly multi-chain environment.
USDC Depeg Insurance From Etherisc Hits Market
Decentralized insurance protocol Etherisc on Thursday announced its new peer-to-peer coverage option, meant to potentially cover participating users should USDC depeg again in the future.
Peer-to-Peer Marketplace Etherisc Launches Depeg Insurace for USDC Holders
Etherisc customers can help prevent USDC losses by purchasing insurance on the peer-to-peer insurance marketplace.
Circle Unveils Cross-Chain Transfer Protocol for USDC
Circle launches protocol to transfer USDC between Ethereum and Avalanche networks, eliminating need for third-party bridges.
The new protocol for transferring USD Coin launched by Circle
Circle, the fintech company behind the USD Coin stablecoin, has released the Cross-Chain Transfer Protocol (CCTP), which allows users to transfer USDC seamlessly between the Ethereum and Avalanche blockchains.
