Stablecoins
Stablecoins have come under greater scrutiny from regulators over the past year following the collapse of terraUSD, a major stablecoin which relies on a complex algorithm to hold its $1…
Stablecoins have come under greater scrutiny from regulators over the past year following the collapse of terraUSD, a major stablecoin which relies on a complex algorithm to hold its $1…
Circle launched its own U.S. dollar version of what’s known as a “stablecoin” in 2018. The fintech company, which shelved plans to go public via a combination with a special…
In March, USDC fell significantly below its peg after the collapse of Silicon Valley Bank, a major lender to the tech industry. Circle was a customer of SVB and held…