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USDC Hits All-Time Low As Investors Pull Out Funds From The Stablecoin

USDC Hits All-Time Low As Investors Pull Out Funds From The Stablecoin


Bitcoinist
2023-03-12 11:39:08

USDC has been hit with a bearish wave following news of the collapse of Silicon Valley Bank on March 11. The stablecoin issuer Circle had revealed that it had $3.3 billion in deposits with the defunct bank, contributing to uncertainty regarding USDC. USDC Price Falls Below $0.90 For The First Time Given the doubts about


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