Circle’s USDC Stablecoin Continues to See Heavy Redemptions Despite Market Recovery
Massive redemptions for Circle’s USDC stablecoin continued on Monday, March 13, after the weekend panic and de-peg in the stablecoin....
Massive redemptions for Circle’s USDC stablecoin continued on Monday, March 13, after the weekend panic and de-peg in the stablecoin....
The post Circle Begins USDC Redemptions as It Burns 314 million USDC: On-Chain Data appeared first on Coinpedia Fintech News...
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Circle, the issuer of the USDC stablecoin is facing massive heat from the shutdown of the Silicon Valley Bank (SVB)...
One area where U.S. regulators are keeping a close watch is the widely expanding crypto stablecoin market. The stablecoin market...
On Wednesday, December 14, the broader cryptocurrency market came under selling pressure with Fed raising interest rates by 50 basis...
According to a crypto trader, the second-largest stablecoin, USDC, is in major trouble. The Fed's hawkish stance has resulted in...
Matt Taibbi, a notable author, and journalist wrote a scathing article warning against investing in USDC. Pointing to the Circle...
On-chain data analytics site Glassnode disclosed today that world’s second largest stable coin USDC is gaining traction as crypto investors seem...
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