Coinbase allegedly offered Circle $3B lifeline during USDC depeg
An anonymous source claims Coinbase was about to bail out its partner Circle to bring stablecoin USDC back up to $1 during SVB’s bank-run.
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‘Circle Swap’ scam exploits USDC depeg fears, drains ether from wallets
A new scam appears to allow users to avoid the risk of a USDC depeg, but instead it drains the wallet of unsuspecting victims.
How the US gov’t bailed out USDC stablecoin
The FDIC has taken over two banks at which Circle held billions of dollars worth of backing for DeFi’s most popular denominator.
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