$USDC Regains Its Peg After U.S. Treasury Department Says Depositers of SVB Will Be Made Whole
The release of a crucial joint statement by U.S. Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg gave the cryptocurrency market tremendous cause to celebrate on Sunday (March 12). As you are probably aware, Silicon Valley Bank (SVB) was shut down by Californian […]