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USDC Stablecoin Momentarily Depegs to $0.74 on Binance

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1 year ago 1 year ago

USDC Stablecoin Momentarily Depegs to $0.74 on Binance


Oliver Knight
by Oliver Knight 1 year ago1 year ago
USDC Stablecoin Momentarily Depegs to $0.74 on Binance




Circle’s USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.



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