Crypto Market Liquidity Improved Significantly as USDC Regains Dollar Peg

Crypto Market Liquidity Improved Significantly as USDC Regains Dollar Peg

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The collapse of Silicon Valley Bank and other US banks led to a market-wide panic and a de-peg of USDC, which drained liquidity out of the crypto markets. However, liquidity vastly improved in markets after USDC regained its dollar peg, and crypto prices rallied higher over the past few days. How…

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