analysis

Circle’s Kris Gower makes the case for Arc and USDC in securities lending

0Importance
closedStatus
1News media
Published
Updated

Key claims & sources

Summary in preparation.

Market reaction i

USDCUSDC the event is about this asset

USDC barely moved in the 4 hours after the first headline, after a flat 2 hours before.

$0.9995 price at the headline
0.0% 2 h before
0.0% 4 h after
0.0% 12 h after
First headline

47 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Nov 6 19:47

Where this sits in the USDC series

WhenWhat happenedFigure
7 days ago USDC at $1.00 high today it sits 0.0% from there
10 days ago USDC at $0.9987 low today it sits +0.1% from there

From what we have stored, starting 2 months ago.