About $7 billion worth of value has left the Circle-backed stablecoin USDC since October, according to Glassnode data analyzed by CryptoSlate.  The charts above show the market caps of USDT and USDC – both stablecoins that are pegged to the US dollar – since Jan 2020.
The post USDC market cap has shrunk almost $7B since October 2022 appeared first on CryptoSlate.

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