USDC stablecoin is depegging – and at an alarming rate – falling to as low as $0.89, way off its $1 peg.
Volatility is expected to continue throughout the weekend as panic sets in after the Silicon Valley Bank collapse.
The failure of SVB is hurting the reserve position of USDC…
Read More
About Post Author
More Stories
Bitcoin Bears Eye Possible Pullback to This Key Support Area, But Longer-term BTC Price Outlook Remains Strong
Tech Giants Embark on Layoffs since Beginning of 2023 despite Profitable Quarterly Results
FTX Debtors Agree to $95M Stake Sale in Mysten Labs to Shore Up Funds