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USDC Depeg Controversy Continues as Circle Issues Reassuring Statement

The cryptocurrency market is no stranger to ups and downs, but the past few days have been particularly turbulent for USDC. As a stablecoin, USDC’s value is supposed to remain constant at $1. However, in the past 48 hours, it has experienced a “depeg,” with its value dropping below $0.90 for the first time. Yikes! […]

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