USDC Stablecoin Sees Massive $3 Billion Outflows in Three Days – What’s Going On?

Circle CEO Jeremy Allaire. Source: Video screenshot, YouTube, IMF The popular stablecoin, USD Coin (USDC), saw about $3 billion in outflows in three days this week, publisher Circle said. blog post. According to the blog post, Circle has redeemed $3.8 billion in USDC and issued $800 million in new USDC tokens between Monday and Wednesday […]

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