#USDC✅ Here's a clean, concise summary of the key events in USDC's history:
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🪙 USDC (USD Coin) – Key Milestones
May 15, 2018: USDC was announced by Circle.
September 2018: USDC officially launched.
March 29, 2021: Visa announced support for USDC transactions on its payment network.
July 2022: Circle reported 55 billion USDC in circulation.
March 11, 2023: USDC lost its $1 peg, falling to $0.87 after Circle revealed $3.3 billion (~8%) of reserves were tied up in the collapsed Silicon Valley Bank (SVB).
Recovery: Peg restored after Circle confirmed the $3.3 billion would be available.
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