USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos

USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos The Circle-issued USDC stablecoin regained its peg to the U.S. dollar after falling below the $1 value it was supposed to hold late Friday hours after Silicon Valley Bank was shuttered by state and federal regulators.