Data: The market value of the USDC stablecoin has dropped by about 10 billion dollars to 32.5 billion dollars in the past two weeks

2023-03-31 07:50:28
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ChainCatcher news, the market capitalization of the USDC stablecoin has dropped by about $10 billion over the past two weeks, from $42.5 billion to $32.5 billion. The Block's research director Steven Zheng stated, "The events in early March have damaged cryptocurrency investors' and traders' trust in the reliability of stablecoins, even though Circle offers full redemptions for USDC without delays." (source link)

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