Bitcoinist
2023-03-16 18:30:43

USDC Minting And Redemption Backlog Almost Cleared By Circle

USDC stablecoin investors panicked when Circle announced its exposure to the shuttered banks, and Circle’s latest report on USDC Reserves and attestation from Deloitte, the global audit company, confirms the connection. However, in a new development, Circle reports almost clearing all minting and redemption requests for USDC. The current situation shows the issuer has cleared

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