Circle USDC Rebounds From Depegging, but Stablecoin Observers See an Uncertain Future
Circle USDC Rebounds From Depegging, but Stablecoin Observers See an Uncertain Future
Circle USDC Rebounds From Depegging, but Stablecoin Observers See an Uncertain Future
Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than minted, data shows.
Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than minted, data shows.
Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than minted, data shows.
Mar 15, 2023, 12:40 AMDisclosure
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.