Trading firms were quick to jump on the USD coin (USDC) long trade last weekend as the stablecoin, which was meant to be pegged 1:1 to the U.S. dollar, fell to as low as 87 cents on news that Circle Internet Financial, the token’s issuer, had exposure to Silicon Valley Bank, the bank that collapsed last Friday.
South Africa’s Election Won’t Interfere With Crypto Policy: Industry Watchers
"I think that in South Africa, in particular, the work that has been done on digital assets has been to...