Since the Tornado Cash affair, Circle’s USDC stablecoin’s market valuation has fallen precipitously. The market capitalization of USD Coin (USDC), which fell from $53.3 billion to just under $43.9 billion during the previous month, has decreased by almost 20%. Almost $5 billion in USDC was withheld on a single day (26 September), resulting in a […] ...
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