Crypto markets are reeling from a turbulent weekend, after one of the market’s leading stablecoins, Circle’s USD coin (USDC), lost its 1-to-1 peg to the US dollar. USDC restored its peg earlier this week and continues to hover close to $1, but the crisis might have broader implications for crypto and decentralised finance. USDC is usually considered the safest stablecoin. So what does this mean? What does this signal for crypto markets? On Money in the Market, Hongbin Jeong speaks to Evans Huangfu, Partner, Arcane Group to find out more.



Highlights: 

1:13 - What's led to the fall of SVB?
2:49 - What kind of exposure does this have on crypto players?
6:25 - How have crypto markets reacted to this collapse? 
7:46 - Stablecoins were affected - what does this say about the severity of this collapse?
8:49 - Do you see this impact on crypto markets long lasting? 

Crypto markets are reeling from a turbulent weekend, after one of the market’s leading stablecoins, Circle’s USD coin (USDC), lost its 1-to-1 peg to the US dollar. USDC restored its peg earlier this week and continues to hover close to $1, but the crisis might have broader implications for crypto and decentralised finance. USDC is usually considered the safest stablecoin. So what does this mean? What does this signal for crypto markets? On Money in the Market, Hongbin Jeong speaks to Evans Huangfu, Partner, Arcane Group to find out more.
 
Highlights: 
1:13 - What's led to the fall of SVB? 2:49 - What kind of exposure does this have on crypto players? 6:25 - How have crypto markets reacted to this collapse?  7:46 - Stablecoins were affected - what does this say about the severity of this collapse? 8:49 - Do you see this impact on crypto markets long lasting?

Take a step back, refocus, and Reset with Lynlee.

Take a step back, refocus, and Reset with Lynlee.

Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world — from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what’s driving the headlines and where things are heading next.

Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.

Take a step back, refocus, and Reset with Lynlee.
Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world &mdash; from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what&rsquo;s driving the headlines and where things are heading next.
Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.