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33% Loss of Liquidity? USDC Stablecoin Chaos Explained in 3 Easy Charts by cottenio

USDC Stablecoin Loses Access to $3.3 out of $40 Billion in Reserves Due to Collapse of Silicon Valley BankOne of the biggest banks in tech collapsed in 48 hours. What happened next shocked the crypto world.USDC, the stablecoin that holds $40 billion US dollars in reserve in a 1:1 ratio with each cryptocurrency unit… decoupled.1

ByHackTechMarch 11, 20230Comments

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Stablecoin Volumes Now Exceed Mastercard, American Express and Discover by timdaub

A common question I hear when talking about web3 friends, venture capitalists, and limited partners — is whether there are use cases beyond financial speculation. The tone of the conversation often has skepticism, which I understand given the negative headlines in 2022. The purpose of my recent writing is to provide a measured, data-driven approach

ByHackTechJanuary 14, 20230Comments

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Why Stablecoin Interest Rates Are So Damn High by deegles

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession.Why are interest rates on dollar-pegged stablecoins so much higher than interest rates…

ByHackTechMarch 7, 20220Comments

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