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Circle’s USDC stablecoin sees market cap plunge $10 billion over past two weeks

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Circle’s USDC continues to see redemptions en masse as the coin's market cap fell to about $32.5 billion, a decline of roughly $10 billion in two weeks. Circle's USDC stablecoin plunged by $10 billion in market cap in the last two weeks.

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Ouch !

Cbdc are evil choose your freedom XRP BE YOUR OWN BANK CHECK IT OUT takes you step by step take back your freedom

Doesn't this just mean the USDC has either been traded for other tokens or redeemed for USD?

There are a couple of places in the articles about issuance and redemption where I think you mean millions instead of billions

maybe if this guy didnt go twitter MIA during hard times there'd be more faith in it

Tether truthers in disbelief

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