Stablecoins $USDC and $DAI Lose Their Peg to The Dollar
A New Wave Of Panic In The Crypto Market —  Centralized stablecoin $USDC is in jeopardy after the bankruptcy of Circle’s partner and crypto-friendly bank, Silicon Valley Bank, caused a chain reaction. The SVB collapse created a $3.3 Billion gap in USDC’s accounting books. …
Stablecoins $USDC and $DAI Lose Their Peg to The Dollar A New Wave Of Panic In The Crypto Market —  Centralized stablecoin $USDC is in jeopardy after the bankruptcy of Circle’s partner and crypto-friendly bank, Silicon Valley Bank, caused a chain reaction. The SVB collapse created a $3.3 Billion gap in USDC’s accounting books. … blockchain
Stablecoins USDC DAI Lose Peg Dollar New Wave Panic Crypto Market — Centralized stablecoin USDC jeopardy bankruptcy Circle’s partner cryptofriendly bank Silicon Valley Bank caused chain reaction SVB collapse created 33 Billion gap USDC’s accounting book … blockchain