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USDC Stablecoin Momentarily Depegs to $0.74 on Binance

Posted on 01/04/2024

USDC Stablecoin Momentarily Depegs to $0.74 on Binance

Circle's USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.

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