USD Coin

According to reports, WhaleAlert data shows that at 1:52 Beijing time today, 98440822 USDCs ($98440822) were destroyed in the USDC Treasury.
98440822 USDCs destroyed in USDC Treasu

According to reports, according to official data, in the past seven days, Circle has issued a total of $600 million in USDCs and redeemed $2.5 billion in USDCs, reducing circulatio

According to reports, CoinGecko data shows that the trading volume of TrueUSD (TUSD) stable currencies has surged within a week. During most of Thursday and Friday, the 24-hour tra

According to reports, according to online data analyst ember monitoring, in the past two days, 10 million USDCs were spent to purchase the addresses of 3.4 million SNXs from the Giant Whale. Today, another 5 million USDCs were used through AirSwap’s OTC to purchase 2.02 million SNXs from the Synthetix treasury, with an average price of $2.46. A giant whale has spent 15 million USDCs to purchase SNX in the past three days, with an average price of $2.76 Analysis based on this information:The recent news that 10 million USDC were spent to purchase the addresses of 3.4 million SNXs from a Giant Whale in the past two days signals growing confidence in the Synthetix project. Online data analyst ember monitoring reported that another 5 million USDC have also been used in an OTC purchase of 2.02 million SNXs from the Synthetix treasury at an average price of $2.46. This flurry of purchases is significant because it is indicative of…

According to reports, Jeremy Allaire, co founder and CEO of Circle, recently accepted an interview with Bloomberg. Jeremy Allaire talked about the recent turmoil in the banking industry and its impact on USD Coin. Jeremy Allaire’s view that traditional banking systems need to be protected from encrypted assets is no longer valid. Jeremy Allaire believes that recent developments have proven that the situation has reversed and that its cryptographic entities need to be protected from the impact of traditional bank failures.   Circle co founder: $3.3 billion stranded at SVB will be fully recovered Analysis based on this information:In a recent interview with Bloomberg, Jeremy Allaire, co-founder and CEO of Circle, discussed the impact of the recent turmoil in the banking industry on cryptocurrencies, specifically on the USD Coin. Allaire expressed his belief that the traditional view that banking systems need to be protected from encrypted assets is no longer valid. Instead, he argued that recent developments have shown that…

It is reported that according to the latest data of Coinsecko, the market value of USD Coin (USDC), the stable currency of the US dollar, has fallen below US $…