Stablecoin USDC, FRAX and DAI lost their peg to the dollar.
FRAX’s share of the USDC is over 80% and DAI’s is up to 50%.
Circle reported this morning that $3.3 billion in USDC reserves were stuck in Silicon Valley Bank.
Holpop News
posted on March 11, 2023 by holpop in Blockchain
Stablecoin USDC, FRAX and DAI lost their peg to the dollar.
FRAX’s share of the USDC is over 80% and DAI’s is up to 50%.
Circle reported this morning that $3.3 billion in USDC reserves were stuck in Silicon Valley Bank.