Circle


Videos

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

Circle's USDC stablecoin saw net outflows surpassing $10 billion since March 10 after the regulators shut down the firm's banking partner Silicon Valley Bank. Many of the investors who fled USDC switched to Tether's USDT stablecoin, driving the token to reach its largest market share in 22 months. "The Hash" panel weighs in on these developments.

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Markets

First Mover Americas: gli investitori tornano a puntare sul rischio

Le ultime variazioni dei prezzi nei Mercati Cripto nel contesto del 30 marzo 2023.

Investors are digging into risky assets, including bitcoin. (Getty Images)

Markets

I deflussi USDC superano i 10 miliardi di $ mentre il dominio delle stablecoin di Tether raggiunge il massimo degli ultimi 22 mesi

La stablecoin rivale Tether (USDT) ha raggiunto la sua quota di mercato più ampia da maggio 2021 e ora rappresenta il 60% di tutte le stablecoin in circolazione.

Jeremy Allaire, CEO of Circle (CoinDesk)

Videos

Dante Disparte: Bank Failure, USDC And Contagion

The recent U.S. banks fallout is a stress test for both traditional finance and digital assets but to weather the storm side by side is a powerful opportunity, says Circle Chief Strategy Officer Dante Disparte. Dante Disparte, the chief strategy officer and head of global policy at Circle Internet Financial, has spoken out about the need for greater collaboration between the cryptocurrency industry and banks. Circle is the co-founder and issuer of USDC, a dollar-backed stablecoin with a market capitalization of US$39.5 billion. However, the stablecoin broke its dollar peg over the weekend after it was revealed that Circle held US$3.3 billion in reserve deposits at SVB. As a result, USDC fell to as low as US$0.8774 before gaining its dollar parity on Monday. Tune in to the latest episode of Word on the Block with Forkast Editor-in-Chief Angie Lau for more.

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Policy

Circle cerca di registrarsi in Francia, incrementando il gioco europeo

L'emittente della stablecoin vuole espandere le operazioni europee e prepararsi ai nuovi requisiti di riserva previsti dalla legge MiCA dell'UE.

The Louvre Museum, Paris (Kiran Ridley/Getty Images)

Videos

CFTC Names Crypto Leaders From Circle, TRM Labs, Fireblocks Among Others to New Tech Advisory Group

The Commodity Futures Trading Commission (CFTC) has named former White House official Carole House to chair the newly-formed tech advisory group with members that include executives from Circle, TRM Labs and Fireblocks. House joins "First Mover" to discuss her outlook for the group's approach to crypto regulation and reaction to SEC Chairman Gary Gensler suggesting again that proof-of-stake tokens are securities.

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Videos

Stablecoin Outlook Following Silicon Valley Bank Failure

The Circle-issued USDC stablecoin regained its dollar peg, recovering from the Silicon Valley Bank-induced chaos over the weekend that saw its price plummet to $0.90 on major exchanges. Tastycrypto Head of Digital Assets Ryan Grace weighs in on the future of stablecoins and USDC volatility.

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Finance

Che cos'è Cross River Bank, il nuovo partner di Circle, emittente della stablecoin USDC ?

La banca regionale con sede nel New Jersey ha acquisito maggiore notorietà dopo tre recenti fallimenti bancari e probabilmente dovrà affrontare un controllo normativo più rigoroso.

Cross River headquarters. Fort Lee, New Jersey (Wikimedia)

Markets

Circle USDC rimbalza dal depegging, ma gli osservatori delle stablecoin vedono un futuro incerto

Da venerdì sono stati ritirati dalla circolazione quasi 4 miliardi USDC , con una quantità di USDC bruciata superiore a quella coniata, come mostrano i dati.

(Sandali Handagama/ CoinDesk)