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USDC market cap below $30 billion, struggles signify crypto turmoil

USDC market cap below $30 billion, struggles signify crypto turmoil
https://bitcoinmag.eu/usdc-market-cap-below-30-billion-struggles-signify-crypto-turmoil/Key Takeaways USDC's market cap has dipped from $54 billion to $30 billion in the last eight months The stablecoin has lost market share since March, falling from 32% to 23% Regulatory concerns and the fallout from the SVB collapse have plagued the stablecoin, whose struggles signify the capital flight out of the crypto industry […]The post https://bitcoinmag.eu/usdc-market-cap-below-30-billion-struggles-signify-crypto-turmoil/ appeared first on Bitcoinmag.
 
Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves
The company's USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.
 
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