News March 11, 2023 USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal USDC dropped to $0.973, its lowest level since the collapse of FTX.
News March 6, 2023 Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.
News March 3, 2023 Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ Tether, the company behind the world’s largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says.