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Mar 14

SVB Bank Run Sparks USDC Depegging: Here's What Happened and What It Means

Recently, the USDC stablecoin experienced a de-pegging scare but ultimately remained stable, bringing to light potential risks associated with stablecoins and highlighting the need for greater regulation. This is just one example of the volatility and uncertainty in the current economic landscape, emphasizing the importance of caution and preparedness in investment decisions. Silicon Valley Bank (SVB) reported $3.3 billion in USDC holdings, indicating growing adoption of digital assets by tra...

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Block+Ade

Recovering Big4 consultant turned web3 product and growth professional since 2016. I write about the current and future states of Web3

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