2023-3-11 22:50 |
$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System.
Similar to Notcoin - Blum - Airdrops In 2024
2023-3-11 22:50 |
$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System.
Similar to Notcoin - Blum - Airdrops In 2024
Silvergate bank in a filing on Wednesday said losses might leave it with less capital than it needs. The bank recently closed its SEN Platform which institutions used to move money to crypto exchanges.
2023-3-4 13:46 | |
The report shows high reserve ratios for USDT, USDC, BTC and ETH.
2023-2-24 23:15 | |
Circle has released its reserve report for December 2022, highlighting overcollateralized asset holdings currently backing 44.5 billion USDC tokens in circulation.
2023-1-30 10:59 | |
According to Circle’s most recent reserve report, around 65% of all USD Coin (USDC) reserves are held as US treasury bills. The post Nearly 65% of USDC reserves are held as US Treasury Bills appeared first on CryptoSlate.
2023-1-9 05:30 | |
The wallets seem to indicate that over $1 billion worth of BTC, USDT, ETH and USDC are held by the exchange.
2022-11-17 22:15 | |
The USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want. Many crypto firms faced issues this 2022 due to the market crash.
2022-11-7 23:27 | |
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 | |
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 | |
On-chain data shows the USDC exchange reserves sharply rose recently, something that could help push Bitcoin back up after the latest drop. USDC Exchange Reserve Observes Sharp Rise In Recent Days As pointed out by an analyst in a CryptoQuant post, the large amount of USD Coin that flowed into exchanges recently could be deployed to act as fuel for Bitcoin.
2022-8-20 22:00 | |
MakerDAO (MKR) founder Rune Christensen has asked DAO members to consider converting its $3. 5 billion USDC reserves to Ethereum (ETH) because of the extent of the Tornado Cash sanctions. The post MakerDAO founder proposes converting $3.
2022-8-12 12:00 | |
Circle issued its first monthly report of USDC reserve assets on July 14 in an effort to enhance transparency. The post Circle shuts down critics with on-going disclosures on USDC reserve assets appeared first on CryptoSlate.
2022-7-15 15:30 | |
The asset breakdown comes at a time when crypto firms and their finances are under increased scrutiny in the on-going crypto credit crisis.
2022-7-15 21:27 | |
The world’s biggest asset manager has just become a bit bigger still, grabbing USDc’s fiat reserves to asset manage. “With the BlackRock partnership, we are expanding on our existing relationship...
2022-4-14 20:38 | |
Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters.
2022-3-24 17:37 | |
On July 20, the CEO of Circle Internet Financial LLC. , Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.
2021-7-21 00:30 | |
A research paper titled “Taming Wildcat Stablecoins,” published in the Social Science Research Network (SSRN) by a professor of finance at Yale, Gary Gorton, and the US Federal Reserve attorney Jeffery Zhang, urges supervision of stablecoins.
2021-7-20 19:00 | |
Global payment technology company Circle announced a collaboration with Signature Bank to integrate Circle products and services into the bank's suite of products. Circle Picks Signature for USDC Reserve Deposits The new partnership will enable the New York-based Signature Bank to be the leading financial institution for Circle’s USDC reserve deposits, per its press release.
2021-4-21 19:59 | |
USDC Reserve Attestation Report from Grant Thornton LLP - February 2020
2020-3-18 06:50 | |
Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of January 31, 2020 at 11:59 PM Pacific Time (“PT”):USD Coin (“USDC”) tokens issued and outstanding = 440,715,490 USDCUS Dollars
2020-2-25 22:46 | |
Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of December 31, 2019 at 11:59 PM Pacific Time (“PT”): USD Coin (“USDC”) tokens issued and outstanding = 519,628,995 USDC US Dollars
2020-1-24 00:54 | |
Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of November 30, 2019 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 457,103,362 USDC US Dollars held in
2019-12-22 22:19 | |
Stephen Moore, Trump’s initial nominee for the post of Federal Reserve Chairman and close campaign advisor, has announced his latest venture – Frax – that runs a U. S. dollar stablecoin.
2019-10-22 13:37 | |
Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of April 30, 2019 at 11:59 PM Pacific Time: USD Coin (“USDC”) tokens issued and outstanding = 293,184,174 USDC US Dollars held
2019-5-19 23:14 | |
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of March 31, 2019 at 11:59 PM Pacific Time: USD Coin (“USDC”) tokens issued and outstanding = 246,586,876 USDC US Dollars held
2019-4-19 18:17 | |
Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of February 28, 2019 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 236,917,932 USDC US Dollars held in
2019-3-18 20:42 | |
Today, Circle released the fourth attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of January 31, 2019 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 307,793,724 USDC US Dollars held in
2019-2-16 23:37 | |
Today, Circle released the third attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of December 31, 2018 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 251,211,148 USDC US Dollars held in
2019-1-17 22:31 | |
Today, Circle released the second attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of November 30, 2018 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 177,190,279 USDC US Dollars held in
2018-12-19 00:15 | |
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.
2018-11-22 22:05 | |
In recent weeks two new cryptocurrencies have been listed on Coinbase, 0x and BAT. Both resulted in predictable pump and dumps immediately before and a few hours after the announcements. This is no surprise, but the fact that one of these two new listings is only available to trade in USDC could raise a few.
2018-11-7 16:00 | |
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |