USDC-USD - USD Coin USD
| Previous Close | 1.0001 |
| Open | 1.0001 |
| Day's Range | 0.9999 - 1.0003 |
| 52 Week Range | 0.8774 - 1.0073 |
| Start Date | 2018-10-08 |
| Algorithm | N/A |
| Market Cap | 28.441B |
| Circulating Supply | 28.44B |
| Max Supply | N/A |
| Volume | |
| Volume (24hr) | 2.78B |
| Volume (24hr) All Currencies | 2.78B |
Yahoo Finance VideoU.S. could pass stablecoin legislation in a few days, says Rep. Maxine Waters
Market turmoil resulting from Silicon Valley Bank's collapse briefly caused Circle's USDC (USDC-USD) stablecoin to break its peg to the dollar. In response, the stablecoin issuer's management team has called upon the U.S. congress to urgently pass stablecoin legislation. In an interview with Yahoo Finance's Jennifer Schonberger, House Committee on Financial Services Chair Rep. Maxine Waters (D-CA), says the legislation could be passed in just a few days, hinting that the delay was due to concerns over which political party would be in control of the House of Representatives."The only thing that interfered, I think, with its passage was the anticipation that the house was going to change and it was going to be in the hands of the Republicans and they should take charge rather than those of us on the Democratic side," said Ranking Member Waters. Rep. Waters declined to give a timetable for the legislation, though she did reaffirm that she and Rep. Patrick McHenry (R-NC), are focused on stablecoin legislation and have bipartisan support to get it done. Key video Moments: 00:01:00 Bank stock sales and management bonuses 00:03:30 Republican bank deregulation 00:07:30 Stablecoin legislation Watch our full conversation with Rep. Maxine Waters here.
Yahoo Finance UKCrypto climbs in the shadow of SVB collapse as bank deposits protected
Cryptocurrency prices have soared in the wake of the collapse of California-based Silicon Valley Bank.
Business InsiderSilicon Valley Bank's just suffered the worst financial meltdown in 15 years. Here's what you should know, and what A-list market minds are saying.
Authorities swooped in to guarantee SVB's deposits. Now experts are bracing for more bank runs.
Yahoo FinanceCircle calls on Congress to urgently pass stablecoin legislation amid SVB crisis
Stablecoin issuer Circle is calling on Congress to quickly push through regulations after the firm's USDC broke its peg to the dollar over the weekend amid uncertainty on its deposits parked at Silicon Valley Bank.
Yahoo Finance VideoCircle exec Dante Disparte calls on Congress to pass legislation to regulate stablecoins
Yahoo Finance’s Jennifer Schonberger joins the Live show to discuss Circle Chief Strategy Officer Dante Disparte’s call on Congress for the urgent approval of stablecoin regulation.
Yahoo Finance UKCrypto prices rebound despite Silicon Valley Bank collapse
Silicon Valley Bank's collapse on Friday prompted a weekend of turmoil throughout the cryptocurrency sector, as UK and EU investors panicked after bitcoin and ethereum fell.
Yahoo Finance UKUkraine buying military equipment to fight Russia partly using crypto, claims minister
Ukraine has been purchasing military equipment using cryptocurrencies, according to the nation's deputy digital minister.
Yahoo Finance UKUS crypto firm lists euro-backed stablecoin on Coinbase
The new token will be deployed on the Ethereum network and backed by euro-denominated reserves held by US regulated financial entities, such as San Diego-based Silvergate Bank.
Yahoo Finance UKCrypto: Stablecoins won't meet global standards, warns Financial Stability Board
Stablecoins will not meet impending regulatory standards, the chair of the Financial Stability Board has warned.
Yahoo Finance UKWeb3 sectors to watch in 2023
Leaving behind a year of financial fiascos, Yahoo Finance UK looks at the web3 sectors that have the potential to shine in 2023 and beyond.
Business InsiderUS stocks rise but pare most gains after inflation cools in November and investors brace for final Fed decision of 2022
Nearly all of the S&P 500's sector rose Tuesday, enough to eke out a second straight advance after November CPI cooled more than expected.
Yahoo Finance VideoBinance CEO halts withdrawals of stablecoin USDC
Yahoo Finance's David Hollerith explains why Binance has temporarily halted USDC withdrawals.
Business InsiderDow climbs 660 points and Nasdaq soars 3% after November inflation cools to lowest level in nearly a year
Inflation in November cooled to 7.1%, with the report coming just before the Fed is expected to issue its final rate hike of 2022.
Business InsiderChina's looking to reorder global oil trade by transacting with Saudi Arabia in yuan. The move could dampen the dollar's dominance.
Insider's Phil Rosen breaks down how China is looking to disrupt the oil trade, and where prices are headed from here as supplies remain tight.
Business InsiderDow tumbles 483 points as economic data strengthens the case for more Fed hawkishness
Monday's data points, along with Friday's jobs report, helped build the case for the Fed to stay aggressive at next week's meeting of the FOMC.
Yahoo Finance UKCrypto: Stablecoins scramble for safe havens as sanctions threat escalates
A major stablecoin issuer is formulating an intricate plan to ensure it always remains beyond the reach of centralised authority after US regulators froze USDC funds without warning.
Yahoo Finance VideoTRON founder talks crypto downturn, stablecoin reserves, and competition
TRON Founder Justin Sun joins Yahoo Finance Live to discuss financially distressed crypto companies, recent bankruptcies, the future of stablecoins, crypto buyouts, and the outlook for the crypto market.
Yahoo Finance VideoCrypto: House stablecoin bill delayed until September
Yahoo Finance crypto reporter Jennifer Schonberger reports on crypto regulation and the provisions holding up a House stablecoin bill.
Yahoo Finance VideoCrypto rally: Bitcoin hits highest level in over a month
Yahoo Finance's Brian Cheung discusses how cryptocurrencies are trading on Wednesday.
Yahoo Finance VideoOpenSea cuts 20% of staff as crypto layoffs continue
Yahoo Finance's Akiko Fujita discusses OpenSea layoffs amid the fallout in the crypto markets.
Yahoo Finance UKCrypto winter: Investment lessons from $2tn crash
Bank of England deputy governor Jon Cunliffe lists the harsh lessons to be learned after the recent plunge into 'crypto winter'.