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USDC
Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period.

USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank Collapse
The USDC stablecoin regained its peg to the U.S. dollar, according to CoinGecko, after falling below the $1 value it was supposed to hold as the federal banking and finance regulators said on Sunday that all Silicon Valley Bank depositors would have access to their funds beginning Monday. "The Hash" panel discusses the implications for stablecoins and the wider crypto market.

$70M in Fresh On-Chain USDC Positions at Risk of Liquidation if Stablecoin Depegs by 10%
Traders betting on a USDC revival are in healthy profit but downside risk remains in the event of another depeg.

USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos
The stablecoin fell below $1 in value on Friday after it emerged that some portion of issuer Circle’s funds were at the failed Silicon Valley Bank.

First Mover Americas: Bitcoin Gains as FDIC Steps In for Silicon Valley Bank
The latest price moves in crypto markets in context for March 13, 2023.

Smart Money Staying Put as USDC Remains Off Peg
Data from Nansen shows the total amount held by smart money wallets, and active addresses, are at multi-month lows.

Circle Scrambles to Right USDC After Signature Bank Failure
Circle Internet Financial is racing to find new banking partners for its USDC stablecoin.

USDC Volatility Lifts Bitcoin's Coinbase Premium to 3-Year High
While the Coinbase premium is usually taken to represent stronger buying pressure from U.S. investors, that's probably not the case this time.

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally
The company plans to use corporate resources to fill the gap, including external capital.

Bitcoin Regains $20K After $200M in Crypto Liquidations; Some Traders Brush Off USDC Fears
Some traders are signaling strength for USD coin, citing its treasury backing in U.S.-issued bonds.
