US Crypto Crackdown Sees USDC Lose $10B, Tether Gain $9B
Tether stablecoin USDT is enjoying a near two-year high in market share amid heightened regulatory fears across crypto, after Circle’s USDC shed almost $10 billion. Since USDC de-pegged earlier this month in the aftermath of Silicon Valley Bank’s closure, where Boston-headquartered issuer Circle…
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