Daily News | US Regulators Launch $25bn Lending Program as Bitcoin Stabilizes Post-SVB Banking Crisis, Stablecoin Volatility Surges as USDC DepegsUS regulators launch $25bn lending program to stabilize financial sector after SVB’s failure. Bitcoin stabilizes and a relief rally begins. Crypto-friendly bank shutdowns create problems, and Aave takes steps to prevent negative effects from stablecoin price volatility caused by USDC depegging.
Gate.io Researcher: Peter L.2023-03-13