The wall surrounding Crypto stablecoins are collapsing with USDC and other major stables like DIA losing its 1:1 pegs against the US dollar. USDC stablecoin is issued by Circle with support from Crypto exchange, Coinbase just like what Binance had with Paxos in the past.
USDC DePegs Amid Silicon Valley Bank Crash
USDC DePegs Amid Silicon Valley Bank Crash
USDC DePegs Amid Silicon Valley Bank Crash
The wall surrounding Crypto stablecoins are collapsing with USDC and other major stables like DIA losing its 1:1 pegs against the US dollar. USDC stablecoin is issued by Circle with support from Crypto exchange, Coinbase just like what Binance had with Paxos in the past.