Info for you

Info for you

Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs

The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin price.  The trading freeze follows an analysis from DeFi’s risk manager firm Gauntlet Network considering different scenarios for the USD Coin price.  ​Cointelegraph.com News  

Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds

According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the United States,” enabling USDC redemption at 1:1 with the U.S. dollar.  According to Circle, USDC liquidity operations will “resume as normal when banks open on Monday morning in the United States,” enabling USDC redemption at 1:1 with […]