USDC Market Cap Drops As Redemptions Climb To $1.4 Billion
As one of the prominent stablecoins in the cryptocurrency industry, USDC has experienced a significant drop in market cap in recent months. Redemptions.
As one of the prominent stablecoins in the cryptocurrency industry, USDC has experienced a significant drop in market cap in recent months. Redemptions.
Recently, a trader has made a strategic move by opening an on-chain short position on TrueUSD (TUSD), a stablecoin. This decision came after.
The market capitalization of Circle’s USDC stablecoin fell to approximately $32.5 billion, representing a decline of approximately $10 billion over the past two.