Home Crypto Circle Redeems $2.9B USDC Amid US Banking System Instability

Circle Redeems $2.9B USDC Amid US Banking System Instability

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CircleCircle, the digital currency company behind USDC stablecoin, has announced that it has redeemed $2.9 billion USDC and minted $700 million USDC.  It comes amidst the instability of the US banking system and the failures of Silicon

Valley Bank and Signature Bank, Circle’s core transaction banking partners. In a blog post, Circle emphasized the importance of a […]



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