#USDC
โšกโšก #Bitcoin price surges above $50,000 on #Binance as the #USDC peg snaps The BTC/USDC pair on Binance flash spiked to $50,000 on March 12. The reason for the impulse spike is unknown and was likely due to a โ€œfat fingerโ€ trade of a large order....
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๐Ÿ”๐Ÿ” The industry has been hit with several incidents over the last couple of months. As the community tries to recover, another collapse follows suit. Similarly, the downfall of Signature Bank did cause havoc in the market. Now, Jeremy Allaire, #Circle CEO mentioned on #Twitter and affirmed that 100% of #USDC reserves were โ€œsafe and secure.โ€ #FMCPAY

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๐Ÿ“บ๐Ÿ“บ ๐๐‘๐„๐€๐Š๐ˆ๐๐†: ๐‚๐ข๐ซ๐œ๐ฅ๐ž ๐๐ข๐ฌ๐œ๐ฅ๐จ๐ฌ๐ž๐ฌ $๐Ÿ‘.๐Ÿ‘๐ ๐ญ๐ข๐ž๐ ๐ฎ๐ฉ ๐š๐ญ ๐’๐ข๐ฅ๐ข๐œ๐จ๐ง ๐•๐š๐ฅ๐ฅ๐ž๐ฒ ๐๐š๐ง๐ค #Stablecoin issuer #Circle said late Friday that $3.3 billion in cash deposits remained at Silicon Valley Bank (#SIVB), the lender which was shut down earlier in the day by regulators after suffering a run on deposits. The sum represents some 8% of the total reserves backing Circle's...
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