Stablecoin issued by Circle. Each coin is backed by a dollar in cash.
Depegging History
Depegged on 11-03-2023 to as low as 0.83 due to Silicon Valley Bank suffering a bank run. Circle had 3.3B of 40B (about 8%) there.
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Stablecoin issued by Circle. Each coin is backed by a dollar in cash.
Depegged on 11-03-2023 to as low as 0.83 due to Silicon Valley Bank suffering a bank run. Circle had 3.3B of 40B (about 8%) there.