Tag: USDC

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DEX Trading and USDC Adoption Surge Following SVB’s Fall

Many crypto investors ditched centralized exchanges for...

Circle phishing campaign promises fake USDC DeFi swap

A phishing campaign falsely promising access to a new USDC DeFi trading platform emerged on social media on March 16.Fake USDC trading platform...

Circle’s Stablecoin USDC Affected by Collapsed Bank

Circle CEO and co-founder Jeremy Allaire revealed that the stablecoin issuer had been able to access its $3.3 billion in funds held with...

Depegging of USDC and DAI Saves Borrowers $100 Million

Over the weekend, the depegging of two major stablecoins, USD Coin (USDC) and Dai (DAI), from the US dollar prompted a frenzy of...

Circle USDC Rebounds From De-Pegging, but Stablecoin Observers See an Uncertain Future

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Tether Benefits From USDC Chaos, USDT Dominance Now 58%

Data shows Tether USD (USDT) has benefited from the recent chaos with the USD Coin (USDC) peg, as the stablecoin’s dominance has now...

USDC Volumes Rise 828% Amid SVB Collapse

Centralized exchange trading volumes for the USDC/USDT stablecoin Stablecoin ...

Mysterious Shiba Inu (SHIB) Trader Nets Huge Profit Selling Ethereum (ETH) During USDC Depegging: On-Chain Data

A mysterious Shiba Inu (SHIB) trader pocketed millions of dollars in the wake of the USD Coin (USDC) depegging, according to on-chain data. Blockchain...

Uniswap Hits ATH of Almost $12B in Trading Volume Amidst USDC Crisis

The decline of centralized entities has worked out well for their decentralized counterparts. Over the weekend, USDC witnessed a significant trading volume on...

Circle Mints $407,000,000 Worth of USDC as Stablecoin Recovers From Depegging Incident: Nansen

Circle has minted hundreds of millions of dollars worth of US Dollar Coin (UDSC) as the second-largest stablecoin by market cap recovers from...

Circle’s USDC Regains $1 Peg After Tumultuous Weekend

Key Takeaways Circle’s USDC is trading for $1 again. The stablecoin broke its peg late on Friday after Circle revealed it was exposed to Silicon...