Stablecoin USDC just about regains $1 peg just after Circle says $3.3 billion held with SVB will be offered

Stablecoin USDC just about regains peg just after Circle says .3 billion held with SVB will be offered

Critical Factors

Circle, which challenges USD Coin (USDC), explained that the $3.3 billion it held with the now-collapsed Silicon Valley Bank will be “totally obtainable” on Monday when U.S. banking companies open.
Soon after SVB’s collapse, USDC missing its $1 peg, slipping as low as 86 cents on Saturday.
The broader cryptocurrency industry rallied Monday as regulators stepped in.
Bitcoin jumped as a great deal as 10%, rallying over $22,000.

Supply

SoFi’s stock drops on .5 billion share sale announcement

Finance

SoFi’s stock drops on $1.5 billion share sale announcement

December 4, 2025

Key Points SoFi announced the public offering of $1.5 billion in stock. The share sale comes after the fintech company’s market cap almost doubled so far in 2025. Stock prices often fall when companies announce offerings because the share sale dilutes the value of existing holders’ stakes. Source

Finance

Stocks making the biggest moves after hours: DocuSign, SoFi Technologies, Ulta, Hewlett Packard Enterprises and more

December 4, 2025

Check out the companies making headlines in after-hours trading. Ulta Beauty — Shares of the beauty retailer rose nearly 6% after outpacing Wall Street’s expectations for the fiscal third quarter and raising its forecasts for the full fiscal year. Ulta expects revenue for the year to be $12.3 billion, up from a prior range of […]

Finance

Stocks making the biggest moves midday: Meta Platforms, Kroger, SAIC, PVH, Snowflake and more

December 4, 2025

Check out the companies making the biggest moves midday: Meta Platforms — The Facebook and Instagram parent advanced 4%. Managers led by CEO Mark Zuckerberg are weighing cuts as deep as 30% in Meta’s “metaverse group” in 2026, Bloomberg reported. Kroger – The Cincinnati-based supermarket chain dropped 6.5% after third-quarter revenue lagged Street estimates, identical […]