USDC Stablecoin Momentarily Depegs to $0.74 on Binance

Circle’s USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.

Source: https://www.coindesk.com/markets/2024/01/03/usdc-stablecoin-momentarily-depegs-to-074-on-binance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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