Circle Clears USDC Backlog After $3.8B Redemption Surge

Circle has cleared substantially all of the backlog of USDC minting and redemption requests after a surge of $3.8 billion in USDC redemption.

Circle pledges to cover any shortfall in USDC reserves as SVB fate is decided by FDIC

Stablecoin issuer, Circle reassures customers that USDC remains fully collateralized despite Silicon Valley Bank's bank run, and pledges to cover any potential shortfalls.

Nexo Introduces Major App Upgrade for Improved User Experience

Nexo announces significant updates to its mobile app, including portfolio breakdowns, credit line management, and rewards tracking.

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