Payment Suspension Interpretation: A stable currency

It is reported that according to statistics, the stable currency USDC recorded a global trading volume of US $26.73 billion within 24 hours. On Saturday, the USDC decoupled from the US dollar and fell to a low of US $0.877. Therefore, encryption companies such as Binance, Coinbase, Crypto.com and Bitpay suspended USDC payment and automatic conversion. The stable currency USDC recorded a global trading volume of US $26.73 billion within 24 hours Analysis based on this information:USDC Trading Volume Hits $26.73 Billion, But Cryptocurrency Companies Suspend Payments Keywords: USDC, Stable Currency, Trading Volume, Cryptocurrency Companies, Payment Suspension Interpretation: A stable currency, USDC has recorded a global trading volume of $26.73 billion within 24 hours, according to statistics. Despite this, on Saturday, the USDC decoupled from the US dollar and fell to $0.877, causing cryptocurrency companies such as Binance, Coinbase, Crypto.com, and Bitpay to suspend USDC payment and automatic conversion. This news raises several questions about the sustainability and trustworthiness of…