USDC – Page 19 – Miami Crypto Coin

The US should promote USDC — before it’s too late

Post author:MiamiCrypto
Post published:May 12, 2023
Post category:Stablecoins USDC

USDC brings stability to cryptocurrency. It would behoove the financial system if policymakers took measures to foster its adoption.

Tether has $1.5B in Bitcoin reserves: BDO Italia

Post author:MiamiCrypto
Post published:May 10, 2023
Post category:BDO Circle reserves Stablecoin Tether USDC USDT

The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.

Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31

Post author:MiamiCrypto
Post published:April 25, 2023
Post category:Altcoins BUSD DAI frax dollar GUSD LUSD Market Capitalization MIM Pax dollar redemptions Stablecoin Economy Tether tusd USDC USDD Value

While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023.…

Tether market cap eyes record high after regaining 65% stablecoin dominance

Post author:MiamiCrypto
Post published:April 17, 2023
Post category:Banking Crisis Binance USD SEC Silicon Valley Bank Stablecoin Tether USD Coin USDC USDT

The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

Post author:MiamiCrypto
Post published:March 30, 2023
Post category:Altcoins Avalanche binance chain Blockchain Circulation Coins Cryptocurrencies depegging event Ethereum Federal Reserve future Gemini Dollar GUSD market minting redemption rate Signature Bank Silicon Valley Bank stablecoin assets Stablecoin Tokens Stablecoins Statistics supply reductions Tokens Tron TrueUSD tusd USD Coin USDC USDD

Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on…

Xapo Bank Partners With Circle to Integrate USDC Payment Rails

Post author:MiamiCrypto
Post published:March 24, 2023
Post category:AA News Circle Crypto News USDC

Bitcoin custodian and licensed private bank Xapo announced partnering with the fintech firm Circle to integrate USDC payment rails. Xapo has become the first licensed bank in the world to…

Circle’s USDC Regains $1 Peg After Tumultuous Weekend

Post author:MiamiCrypto
Post published:March 16, 2023
Post category:Circle News Stablecoin USDC

After breaking its peg over the weekend and trading as low as $0.87, Circles USDC stablecoin is now at $1 again. 1 USDC for $0.87 All eyes are on USDC...

Circle clears ‘substantially all’ minting and redemption backlog for USDC

Post author:MiamiCrypto
Post published:March 16, 2023
Post category:backlog Circle Circle USD minting redemption update USDC

The stablecoin issuer says that from March 13 and March 15, it redeemed $3.8 billion USDC and minted $0.8 billion USDC.

Debtors saved over $100M using de-pegged stablecoins to repay loans

Post author:MiamiCrypto
Post published:March 14, 2023
Post category:Aave Compound DAI Kaiko makerdao Silicon Valley Bank Stablecoins USDC

Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar.

Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts

Post author:MiamiCrypto
Post published:March 13, 2023
Post category:backwardation Bank Crisis depeg Futures Markets Stablecoin USDC

On March 12, Bitcoin futures traded 5.5% below regular spot exchanges, causing volatility in derivatives markets.