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2JLX

The USDC stablecoin has regained its peg to the U.S. dollar, according to CoinGecko, after falling below the $1 value it was supposed to hold. The stablecoin fell below $1 in value on Friday, after it emerged that some portion of issuer Circle’s funds were at the failed Silicon Valley Bank.

The USDC stablecoin has regained its peg to the U.S. dollar, according to CoinGecko, after falling below the $1 value it was supposed to hold. The stablecoin fell below $1 in value on Friday, after it emerged that some portion of issuer Circle’s funds were at the failed Silicon Valley Bank.

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