Circle, who climbed up from the cliff, has something to say.

The IRS is considering taxing NFTs.

USDC is one of the most commonly used stablecoins in DeFi, so when the price is decoupled, it leads to a rapid deterioration of the liquidity situation of the entire DeFi.

DeFi data is improving, games and NFT have not changed much, and stablecoins need to reflect.

BAYC starts "Summoning"; the Federal Reserve will cut interest rates by 100 basis points before December.

Regulators will keep an eye on crypto-friendly banks that are still “surviving”

How much impact does the centralized financial system have on DeFi?

Can decentralized stablecoins transition to using fully decentralized collateral while maintaining minimal risk?

Tonight "the big one is coming".

More and more banks will stay away from the encryption market under the double pressure of market volatility and tightening regulations.

The crisis of Silicon Valley Bank and USDC has been lifted, but the encryption industry is not ready to face the "new day".

Maker has voted for an emergency proposal to change parameters related to assets such as USDC.

Coinbase will resume USDC conversion today; Circle said it can use company resources to make up for the SVB gap.

In the case of violent market fluctuations, there are also some opportunities.

Some people throw it away, some copy it, and some people set it up.

When U.S. banks open on Monday morning, USDC liquidity operations will return to normal.