Reserves
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EU’s new rules for managing stable currencies: What you need to know
According to reports, Jos é Manuel Campa, Chairman of the European Banking Authority (EBA), stated that the upcoming EU rules for managing stable currencies wil
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How Fluctuations in Bitcoin Reserves Affect the Market
According to reports, the changes in BTC reserves in the wallet addresses of the exchange in the past 24 hours are as follows: Binance has inflow of 2387.4 BTCs
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Bitcoin’s Potential Antimatter Effect on Partially Provisioned Banks
According to reports, Adam Back, CEO of Blockstream, a cryptographic infrastructure company, said that Bitcoin is the antimatter of partially provisioned banks,
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Circle’s Cash Reserves in Bank of Silicon Valley
It is reported that according to the reserve report of USDC, Circle holds an undisclosed cash in the Bank of Silicon Valley. The stable currency issuer listed S
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Circle’s Reserves and the Future of USDC
On March 11, Hal Press, CEO of North Rock Digital, a hedge fund, tweeted that Circle held 77% of the reserves in the treasury bills of 1 to 4 months, providing
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Circle’s USDC Reserves
According to reports, Circle said on Twitter that about US $40 billion of USDC reserves had US $3.3 billion kept in Silicon Valley banks.
Circle: $3.3 billion i -
Circle’s USDC Continues to Grow in Circulation
On February 25, according to official data, as of February 23, Circle issued a total of US $2.1 billion of USDC and redeemed US $1.5 billion of USDC in the pas…
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Circle’s USDC stablecoin sees steady circulation with large redemptions
It is reported that, according to official data, from February 9 to February 16, Circle issued a total of US $9.7 billion of USDCs and redeemed US $9.6 billion…
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NYDFS Orders Paxos to Stop Issuing BUSD Tokens on Binance Due to Insufficient Reserves
It is reported that Circle reported to the New York Financial Services Department (NYDFS) in the fall of 2022, complaining that the blockchain data showed that…