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2022-10-10 12:20:41

Why Did Circle’s USDC Market Value Lose The $50B Mark?

The post Why Did Circle’s USDC Market Value Lose The $50B Mark? appeared first on Coinpedia Fintech NewsThe crypto market is known for its volatility and market participants tend to trade and invest despite this, although they are continually engulfed with fear. To overcome this volatility issue, stablecoins were created, which aim to mirror traditional currencies with blockchain technology. Stablecoin derives its value from getting pegged against the dollar. The stablecoins such …

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