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USDC: Turbulent journey of the stablecoin continues with recovery at bay
USDC tokens in circulation hav plunged 37% since SVB fiasco in March. Transaction volume was yet to show any substantial indications of recovery. As ironic as it may sound, the journey of stThe post USDC: Turbulent journey of the stablecoin continues with recovery at bay appeared first on AMBCrypto. дальше »
2023-7-30 15:30 | |
USDC could be on the road to recovery but not without these obstacles
USDC generates large amounts of revenue through its treasury bills. Despite the declining market cap, USDC dominates the market in terms of transfer volume. The stablecoin sector was impacteThe post USDC could be on the road to recovery but not without these obstacles appeared first on AMBCrypto. дальше »
2023-4-11 03:30 | |
GMX's recent recovery could be attributed to this 'LINK'. Here's how...
GMX proposed to allocate 1.2% of its revenue to the Chainlink network GMX's TVL exhibited a promising recovery and retraced all its losses since the USDC depegging fiasco As part of its endeThe post GMX's recent recovery could be attributed to this 'LINK'. Here's how... appeared first on AMBCrypto. дальше »
2023-4-7 07:30 | |
Though USDC regains market confidence, this area still concerns investors
USDC's market cap dropped to 18-month lows as depeg impact extended. The demand for the stablecoin saw some recovery fueled by demand in smart contracts. Circle [USDC] experienced robust outThe post Though USDC regains market confidence, this area still concerns investors appeared first on AMBCrypto. дальше »
2023-4-3 01:30 | |
Where USDT, USDC, BUSD stand as stablecoin race accelerates
USDT led the stablecoin market after recent market volatility. Despite recovery, network growth of all stablecoins declined. Due to the recent events surrounding SVB and Circle, the stablecoThe post Where USDT, USDC, BUSD stand as stablecoin race accelerates appeared first on AMBCrypto. дальше »
2023-3-22 15:30 | |
Aptos registers sustained rise in development activity, but here's the issue
Aptos' development activity hit a 5-month high. The DEX volume on the layer-1 blockchain plunged by nearly 40% over the last week. Aptos [APT] made an appreciable recovery since the USDC depThe post Aptos registers sustained rise in development activity, but here's the issue appeared first on AMBCrypto. дальше »
2023-3-19 21:30 | |
Can Circle [USDC] turn things around with new plan? All you need to know
USDC regained its peg after Circle moved quickly with new banking partners. USDC demonstrated signs of demand and volume recovery. Circle faced its toughest week so far this year after USD CThe post Can Circle [USDC] turn things around with new plan? All you need to know appeared first on AMBCrypto. дальше »
2023-3-16 09:30 | |
DAI recovers after severe depeg caused by USDC ripple effect
MarketDAO’s stablecoin DAI recently experienced a recovery following a de-pegging event that saw the stablecoin drop from the $1 value to $0.88. As the Silicon Valley Bank saga continues, the price of USDC, which is pegged to the US dollar,… дальше »
2023-3-13 11:19 | |