USDC's setbacks are due to the fact that its issuer announced overnight that part of its reserves were held in an account with Silicon Valley Bank. "Following the confirmation at the end of ...

Ran Goldi, SVP of payments at Fireblocks, reviews the strategic moves as stablecoin issuers look to corner the market.

Circle files for NYSE IPO valued at $4-5 billion as USDC market cap hits $60 billion amid growing stablecoin adoption and ...

Following a brief de-pegging during the Silicon Valley Bank crisis—when $3.3 billion in reserves were temporarily locked—USDC has since recovered, now boasting a $60 billion market cap.

As per a latest report, USDC and USDT still dominate the stablecoin segment with a combined market share of nearly 90%. In February 2025, the market capitalization of USDT stood at $146 billion as ...