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In July 2022, Circle reported that the circulation of USDC had reached $55 billion. [11] On March 11, 2023, USDC temporarily lost its peg to the US dollar after Circle revealed that $3.3 billion dollars, about 8% of its reserves, were jeopardized due to the collapse of Silicon Valley Bank the day before. [12]
US Dollar Index and major financial events. The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, [1] often referred to as a basket of U.S. trade partners' currencies. [2]
The trade-weighted US dollar index, also known as the broad index, is a measure of the value of the United States dollar relative to other world currencies. It is a trade weighted index that improves on the older U.S. Dollar Index by incorporating more currencies and yearly rebalancing. The base index value is 100 in January 1997. [1]
USDC may refer to: United States Department of Commerce; United States Diplomacy Center; United States district court; Universal Scene Description, .usdc (binary-encoded) file format; Ultrasonic/sonic driller/corer; USD Coin, a stablecoin cryptocurrency
The United States District Court for the District of Columbia (in case citations, D.D.C.) is a federal district court in Washington, D.C. Along with the United States District Court for the District of Hawaii and the High Court of American Samoa, it also sometimes handles federal issues that arise in the territory of American Samoa, which has no local federal court or territorial court.
The United States District Court for the Central District of California (in case citations, C.D. Cal.; commonly referred to as the CDCA or CACD) is a federal trial court that serves over 19 million people in Southern and Central California, making it the most populous federal judicial district. [1] The district was created on September 18, 1966.
The United States District Court for the District of Colorado (in case citations, D. Colo. or D. Col.) is a federal court in the Tenth Circuit (except for patent claims and claims against the U.S. government under the Tucker Act, which are appealed to the Federal Circuit).
The District of South Carolina was one of the original 13 courts established by the Judiciary Act of 1789, 1 Stat. 73, on September 24, 1789. [2] It was subdivided into the United States District Court for the Eastern District of South Carolina and the United States District Court for the Western District of South Carolina Districts on February 21, 1823, by 3 Stat. 726. [2]