Name: USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
Uploaded: 2023-03-30T16:47:22.000Z
Duration: 6 min 12 s
Description: Circle's USDC stablecoin saw net outflows surpassing $10 billion since March 10 after the regulators shut down the firm's banking partner Silicon Valley Bank. Many of the investors who fled USDC switched to Tether's USDT stablecoin, driving the token to reach its largest market share in 22 months. "The Hash" panel weighs in on these developments.

CD20$2,039.242.44%BTC$73,773.840.52%ETH$2,020.320.46%XRP$1.341.50%SOL$82.480.75%

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High | CoinDesk Videos

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CD20$2,039.242.44%BTC$73,773.840.52%ETH$2,020.320.46%XRP$1.341.50%SOL$82.480.75%

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High | CoinDesk Videos