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3232USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
https://www.digit.info/usdc-stablecoin-nears-parity-with-usd-after-feds-bailout-announcement/
Mon, 13 Mar 2023 02:30:26 +0000https://www.digit.info/2023/03/13/usdc-stablecoin-nears-parity-with-usd-after-feds-bailout-announcement/Read more]]>The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank. […]
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley Bank (SVB) and New York’s Signature Bank. […]