Data: 65% of USDC reserves invested in government money market funds managed by BlackRock

100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank

The financial sector has endured a few chaotic days.

Bitget shares Merkle Tree Proof of Reserves to enhance transparency

Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page.

Binance’s Bitcoin Reserves Are 101% Backed, Confirms Auditor

Crypto sector auditor Mazars found that Binance customers’ Bitcoin deposits were 101% backed as of last month. 

Proof of Reserves: A Trust Standard for Centralized Exchanges

Proof-of-Reserves systems allow to combine the transparent nature of blockchains with the comfort of using centralized exchanges.

Binance in Hot Water After Moving $2.7B From Reserves Wallet

Binance responded, saying that it was a move to a TRX cold wallet.

MakerDAO Co-Founder Proposes Dumping $3.5 Billion USDC Reserves for ETH

Circle Unveils USDC Liquidity And Availability In Reserves

The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, ...

Circle discloses full breakdown of $55.7B USDC reserves

As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions.

USDC Exchange Reserves Start Fall, Dry Powder For Bitcoin?

On-chain data shows the USDC exchange reserves have started to trend downwards recently, a sign that buyers may be exchanging ...

Circle selects BNY Mellon as custodian for USDC reserves

The firm previously said its reserves would be in cash and treasuries.