Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse

Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period.

from CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/JSvkOoF

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