Circle prefers reserves and payment rails with the Fed, says exec

2023-3-29 13:25

Circle’s Asia-Pacific vice president said the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed in light of the recent banking crisis.

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Fedora Gold (FED) на Currencies.ru

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Объем 24H $0

Изменеия 24h: 119.69 %, 7d: 104.78 %

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Доступно / Всего 0 FED / 100b FED

fed circle reserves like ultimately keep banking

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Источник: cointelegraph.com

fed circle → Результатов: 6

Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change

Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed's money market.

2023-4-26 10:13
fed circle could york deem updated new

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USDC bounces back toward $1 peg after Fed announcement

Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg.

2023-3-13 03:24
usdc toward peg back bank valley silicon

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CryptoSlate Wrapped Daily: Bitcoin volatility lower than Dow with another Fed rate hike of 75 basis points looming

The biggest news in the cryptoverse for October 21 includes the likelihood of the Federal Reserve increasing the interest rates by another 75 basis points in early November, the emergence and price surge of two new meme coins created out of a joke from Vitalik Buterin, and Circle and Axelar’s new protocol seamlessly allowing USDC […] The post CryptoSlate Wrapped Daily: Bitcoin volatility lower than Dow with another Fed rate hike of 75 basis points looming appeared first on CryptoSlate.

2022-10-22 23:47	Wrapped
points another cryptoslate basis bitcoin looming wrapped

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Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says

The rise of Circle’s USDC stablecoin – as opposed to the controversial Tether (USDT) – is a threat to the broader financial system, as it could increase the chance of run risks from smaller issuers, researchers at the Federal Reserve Bank of New York wrote in a new paper published Monday.

2022-10-4 20:32	policy
new financial york smaller risks could increase

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Circle’s Disparte Calls CBDCs ‘a Preposterous Idea’ in Digital Dollar Debate

You know it’s going to be a fiery conversation when one of the panelists says “F**k the Fed” in his opening statement.

2022-6-10 22:31	policy
one when conversation fiery statement panelists fed

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Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar

Circle Internet Financial weighs in to give a crypto industry view that the U.S. Federal Reserve should pass on launching its own digital dollar, arguing that it could strangle private-sector efforts such as Circle’s to manage their own dollar-based tokens.

2022-5-26 23:08	policy
circle digital dollar own launching arguing dollar-based

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Paulson bows out and Bessent steps in with a crypto friendly vision for Treasury

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GIGA whale loses $6.09m after clicking a malicious Zoom link: report

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2023-3-29 13:25

fed circle → Результатов: 6

2023-4-26 10:13

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