> open event/sog_ev_usdc_2023_03_operations_reopen
USDC operations reopen after March 2023 banking weekend
Circle described operational reopening after federal banking actions during the March 2023 USDC banking-crisis episode. SOG records this as recovery and operational context tied to the recovered USDC depeg.
Impactmedium
Sources1
USD Coin
Open the stablecoin dossier connected to this event.
Circle
Open the issuer or protocol file linked to this event.
Depeg guide
Understand how SOG separates depeg events, recovered events, and failed outcomes.
| Date | 2023-03-13 |
|---|---|
| Type | depeg_recovery_context |
| Stablecoin | USD Coin (USDC) |
| Issuer | Circle |
| Impact | medium |
| Status effect | none |
| Recovered | yes |
| Recovery date | 2023-03-13 |
| Failure / mechanism | banking_access_recovery |
| Confidence | medium |
| Sources | 1 |
| Source | Publisher | Type |
|---|---|---|
| USDC operations will open for business on Monday morning | Circle | issuer_statement |
Report this event
Use GitHub Issues for public, source-backed event corrections or missing evidence. Google Form support will be added later.