Nansen Says Story Not Over for USDC as Institutional Money Exits
Circle’s dollar-based stablecoin USDC lost its dollar peg last week after the firm revealed that $3.3 billion in reserves were locked up at Silicon Valley Bank (NASDAQ:SIVB). At one point, USDC dropped by around 12% as holders ran for the exits. After the US government… Read More
Read more in: Blockchain & Digital Assets | Tagged andrew thurman, circle, jeremy allaire, nansen, usdc