The Latest Breaking News from USDC

CEO and co-founder Jeremy Allaire on the future of the stablecoin giant.

A bipartisan hearing devolved into uncertainty over regulation for the volatile sector.

SVB’s failure was the biggest bank collapse since Washington Mutual Bank in 2008.

Providers like Circle are searching for solutions to fill the void.

An announcement by Circle about new banking partners comes as the brief de-pegging of USDC came to an end.

The fifth largest cryptocurrency by market value lost its dollar peg after its issuer announced that it had around 8.25% of its $40 billion reserves locked in failed Silicon Valley Bank.

The tech ecosystem has been tossed into turmoil as , one of the nation’s largest banks for startups, collapsed Friday following a run on deposits. Now, with the bank’s assets frozen and under the control of the Federal Deposit Insurance Corporation, SVB’s customers, employees, and investors are grappling with a…

The stablecoin fell as low as $0.87 as Circle broke the news that its reserves were at the collapsed lender

The company insisted that it was protecting the stablecoin from a "black swan failure."