USDC Plummets 10%, 3.3 Billion Stuck in Bank: Will It Recover? #shorts
The USDC stablecoin, widely known to be the sturdiest USD-backed stablecoin, has seen its peg falter, with $3.3 billion locked in Silicon Valley Bank. Despite the surprise drop of 10% today, there is hope that USDC will eventually recover. Keep an eye out on the market and be mindful of any unforeseen events!
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This Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, endorsement, or offer by any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
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