100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank
The financial sector has endured a few chaotic days.
BitcoinistThe financial sector has endured a few chaotic days.
BitcoinistLeading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page.
Bitcoinist
The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, ...
BitcoinistAs of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions.
CointelegraphOn-chain data shows the USDC exchange reserves have started to trend downwards recently, a sign that buyers may be exchanging ...
BitcoinistWith Tether (USDT) averaging $1.1 billion in daily outflows over the past week, the fallout from Terra’s crash continues.
FtftxWith Tether (USDT) averaging $1.1 billion in daily outflows over the past week, the fallout from Terra’s crash continues.
CointelegraphThe fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.
CointelegraphThe firm previously said its reserves would be in cash and treasuries.
Cointelegraph