USDC’s market cap dropped to 18-month lows as depeg impact extended. The demand for the stablecoin saw some recovery fueled by demand in smart contracts. Circle [USDC] experienced robust outflows in the last two weeks of March, which initially triggered a depeg. It eventually regained its dollar peg and has since then remained stable until […] Though USDC regains market confidence, this area still concerns investors
USDC’s market cap dropped to 18-month lows as depeg impact extended. The demand for the stablecoin saw some recovery fueled by demand in smart contracts. Circle [USDC] experienced robust outflows in the last two weeks of March, which initially triggered a depeg. It eventually regained its dollar peg and has since then remained stable until […] 
2 years ago
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