Meanwhile, #USDC is currently trading at nearly its #intended peg of $1 after experiencing substantial redemptions and a market cap decline of over $3 billion amidst the ongoing situation involving US banks.

On March 13, days after the USDC depegging, Circle announced #Cross River as its new commercial #banking partner to produce and redeem #USDC.

After the #SVB fallout, Oliver von Landsberg-Sadie, #CEO of #BCB Group, tweeted that the group has no ties with SVB or Signature and no “material amount of its own” in #USDC.

On March 13, days after the USDC depegging, Circle announced #Cross River as its new commercial #banking partner to produce and redeem #USDC.

After the #SVB fallout, Oliver von Landsberg-Sadie, #CEO of #BCB Group, tweeted that the group has no ties with SVB or Signature and no “material amount of its own” in #USDC.

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Circle Financial Confident in #USDC Stability Despite SVB Failure Circle, the issuer of the second-largest

issuance and redemption is constrained by the #working hours of the U.S. banking system.” Circle’s stablecoin #USDC dropped to a low of $0.877 per unit on Saturday

#Traders Bet on #USD #Coin Rebound as #USDC Falls to 90 Cents

What is your opinion on this situation and, above all, how do you react to it? Did you save your funds early in #Usdt #Usdc or are you just hoping that it will all be over soon and the bull market should be there soon anyway? 

Great news for crypto investors! U.S. authorities take action to stabilize banking system and Circle reassures investors of #USDC's peg. Bitcoin is up 8% and Ethereum up 12%. Stay calm and #HODL on! 💪#cryptocurrency #investing

While usd coin (#USDC) is a crypto asset that operates 24/7 on various #blockchains, Circle emphasized that “

While usd coin (#USDC) is a crypto asset that operates 24/7 on various #blockchains, Circle emphasized that “

While usd coin (#USDC) is a crypto asset that operates 24/7 on various #blockchains, Circle emphasized that “

While usd coin (#USDC) is a crypto asset that operates 24/7 on various #blockchains, Circle emphasized that “

While usd coin (#USDC) is a crypto asset that operates 24/7 on various #blockchains, Circle emphasized that “

While usd coin (#USDC) is a crypto asset that operates 24/7 on various #blockchains, Circle emphasized that “

While usd coin (#USDC) is a crypto asset that operates 24/7 on various #blockchains, Circle emphasized that “

While usd coin (#USDC) is a crypto asset that operates 24/7 on various #blockchains, Circle emphasized that “

While usd coin (#USDC) is a crypto asset that operates 24/7 on various #blockchains, Circle emphasized that “