Digital Coins

According to the report, according to The Block data, since last Friday, the redemption amount of USDC has reached $6.2 billion, and the casting amount has reached $1.66 billion, that is, the net redemption amount is slightly higher than $4.5 billion. The Block: Since last Friday, the net redemption amount of USDC has exceeded $4.5 billion Analysis based on this information:The recent trend of USDC redemptions and casting has prompted various interpretations and speculations. According to the report, since last Friday, the redemption amount of USDC has reached $6.2 billion, while the casting amount has reached $1.66 billion. It appears that the net redemption amount is slightly higher than $4.5 billion. These figures have raised concerns about the stability and liquidity of digital coins. USDC, which is a stablecoin, is pegged to the US dollar. It is a digital asset designed to be a stable store of value. This means that its value is not subject to the volatility of…