After the bankruptcy of the US bank Silicon Valley Bank and its confiscation and closure by the authorities, one of the most affected by this situation is the distribution of Circle company. USDC became a stablecoin.
Alright cryptocurrency What moves have companies made in the face of USDC’s decline?
Here are the key names of the crypto world and the reactions of major crypto companies to the latest stablecoin developments:
- Jump Trading 169.68 million to Circle USDC deposited.
- Wintermute Trading 2.7 million to Circle USDC and 25 million to Coinbase USDC deposited.
- Genesis Trading 25 million to Coinbase USDC deposited.
- BlockTower Capital 9.96 million to Coinbase USDC deposited.
- vitalik.eth 500 ETH 400,359 USDC and 27,179 DAI with exchanged it.
- worthalter 893,439 USDT and 106,766 BUSD 1,081,909 USDC with exchanged it.
- Taureon Capital 2,330,951 USDT 2,511,600 USDC with exchanged it.
- Justin Sun 127 million USDC 126.96 million DAI with swap he did.
- IOSG Ventures 118.73 million USDC 105.67 million USDT and 2,756 ETH ($3.98 million) exchanged for it.
- Kyber Ventures 16.34 million USDC 16.34 million USDP with exchanged it.
- Chain Capital 7.22 million USDC 4.79 million USDP, 2.1 million DAI and 42,696 He traded it for USDT.
- Hashed 6,626.384 USDC 6,142,480 USDT exchanged it with.
- Spartan Group 2,243,537 in exchange for USDT 2.5 million USDC swapped.
- Signum Capital 2,531,743 USDT in return for 2,729,260 USDC swap he did.
- Infinity Ventures Crypto 2.18 million USDC 1,277 ETH ($1.84 million) exchanged for it.
- LD capital 1 million USDC 229,956 USDT and 488 ETH ($703,162) exchanged it with.
- LedgerPrime 616,304 USDC 591,033 He traded it for USDP.
- Dokia Capital 224,821 USDC 137.8 ETH ($198.432) exchanged with
- Alpha Citadel Ventures 236,903 USDC 231.038 USDT with exchanged it.
Related Content: Bitcoin Price on Ethereum Network Drops 80 Percent Instantly on Binance!
*Not investment advice.
Source: Bitcoinsistemi.com