Event record
Record sog_ev_usdc_2023_03_operations_reopen
USDC operations reopen after the March 2023 banking weekend
Circle resumed normal operations after federal measures addressing the banking crisis. This marked the operational recovery phase of the March 2023 USDC depeg.
- Date
- 2023-03-13
- Severity
- Medium
- Type
- Depeg Recovery ContextRecovery
- Lifecycle effect
- No lifecycle change
- Recovery
- Recovered2023-03-13
- Evidence
- 1 source record1 relation
Reviewed explanation
What happened
The primary date, severity, type, effect, recovery, and Evidence count are already shown above.Circle resumed normal operations after federal measures addressing the banking crisis. This marked the operational recovery phase of the March 2023 USDC depeg.
- Cause or mechanism
- Operational reopening and recovery context after the banking-crisis weekend.
- Structured detail kind
- Redemption Change
- Record confidence
- Medium
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.Typed record
Structured detail
Only event-type-specific facts are shown here.| Redemption-change detail — Summary | Operational reopening and recovery context after the banking-crisis weekend. |
|---|
- Redemption-change detail — Summary
- Operational reopening and recovery context after the banking-crisis weekend.
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Circle update after federal banking actions in March 2023 Published 2023-03-12 | Circle | Official statement or announcement Canonical: Issuer Statement | Subject-controlled source | Primary source | Depeg Recovery, Depeg recovery | No archive recorded | High |
Maintenance