USDC Finds Stability Near $0.97 After Crashing on SVB Concerns
Circle said the stablecoin will be redeemable for US dollars starting Monday. USDC is edging closer to its peg after its issuer, Circle, said it would stand by the stablecoin. Traders are still flocking to alternatives as concerns persist that Silicon Vallet Bank’s failure will impact the token.…
#circle #usdc #siliconvalletbanks #svb #tethersusdt #ether #lusd #coingecko #silvergatebank #silvergate