According to Chainlink data, the current price of USDC is about $0.9921, showing a slight unanchor. Binance said on Twitter that due to current market conditions, especially related to high inflows and the increased burden of supporting conversions, Binance has suspended the automatic conversion of USDC to BUSD. Circle said on Twitter that Silicon Valley Bank is one of the six bank partners that Circle uses to manage about 25% of USDC cash reserves, and is currently waiting for the development of the Federal Deposit Insurance Corporation (FDIC) to take over. Circle and USDC continue to operate normally operate. According to Curve data, the proportion of USDT in 3pool dropped to 3.27%, while the proportions of DAI and USDC rose to 47.24% and 49.48% respectively.