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Cryptopolitan 2023-03-16 20:40:44

Circle claims to clear nearly all minting and redemption backlog for USDC

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 »

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