The post USDC Re-pegs After Fed’s $25B Bailout, Bitcoin Price Bounces To $22.2k appeared first on Coinpedia Fintech News
The fear, uncertainty, and doubts surrounding the second largest stablecoin USDC, issued by Circle, have significantly reduced in the past 24 hours following a bailout by the United States Federal Reserve. As a result, Circle’s USDC has re-pegged to the ratio of 1:1 with the United States dollar, following a dip towards $0.87 during the …

Read More

Leave a Reply