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Home Crypto News

USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos

March 13, 2023
in Crypto News
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The Circle-issued USDC stablecoin regained its peg to the U.S. dollar after falling below the $1 value it was supposed to hold late Friday hours after Silicon Valley Bank was shuttered by state and federal regulators.

#USDC #Stablecoin #Regains #Dollar #Peg #Silicon #Valley #BankInduced #Chaos

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Tags: BankInducedChaosdollarpegregainsSiliconstablecoinUSDCValley

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