# USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s

# USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s

” USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s “ Recent turmoil in the traditional banking sector, culminating in USD Coin (USDC) losing its peg, could negatively affect stablecoin adoption and potentially increase calls for regulation, argued credit rating agency Moody’s Investors Service.  In its latest “Sector Comment” report published on March…

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# Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up

# Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up

” Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up “ Crypto investors should know by now that it doesn’t take much to topple a distressed multi-billion-dollar firm. On March 10, California regulators officially shut down Silicon Valley Bank (SVB) 48 hours after the company disclosed it was in financial distress. As Cointelegraph reported at…

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# SVB collapse chilled NFT trading volumes: DappRadar

# SVB collapse chilled NFT trading volumes: DappRadar

” SVB collapse chilled NFT trading volumes: DappRadar “ Nonfungible token (NFT) trading volumes took a massive beating following the collapse of Silicon Valley Bank (SVB) last week as traders fled the markets fearing the repercussions of a major United States bank going under. According to a March 16 report from data aggregation platform DappRadar,…

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