Circle, the stablecoin’s creator, claims to have cleared “substantially all” of the requests for minting and redemption of its USD Coin stablecoin. Circle reported that it had redeemed $3.8 billion USDC and issued $0.8 billion USDC between the morning of March 13 and the closure of banking activity in the United States on March 15. … Circle claims to clear nearly all minting and redemption backlog for USDC Read More »
