The Latest Breaking News from USDC

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."

Blockchain data suggests Binance may have been converting users' collateral without permission.

Revenue from stablecoin USDC continues to be a bright spot for the exchange.

Binance says that the market cap for BUSD will decrease over time.

The company implied that the fallout of FTX put “some stablecoins to the test.”

Analysts are reacting to the third-quarter earnings report from Coinbase Global (NASDAQ: COIN)

Financial technology, or fintech, is cutting-edge technology used to help improve and automate the delivery of financial services. Fintech companies are not financial institutions, but instead financial applications like Zelle and Venmo that help both businesses and individuals send money faster and easier.