Cryptocurrency Q&A
Has USDC ever crashed?
Has USDC ever crashed?
MysticGalaxy
Tue Oct 29 2024
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7 answers
1675
I'm wondering if USDC, the cryptocurrency, has ever experienced a crash in its value. I want to know if there's been any significant drop in its price that can be considered as a crash.
7 answers
Sara
Thu Oct 31 2024
They announced that $3.3 billion of their reserves, equivalent to roughly 8%, were compromised.
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Lorenzo
Thu Oct 31 2024
On March 11, 2023, a significant event occurred in the cryptocurrency world.
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SejongWisdomSeeker
Thu Oct 31 2024
Circle, the issuer of the stablecoin USDC, made a startling revelation.
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Carolina
Wed Oct 30 2024
This compromise was a direct consequence of the collapse of Silicon Valley Bank the previous day.
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CharmedClouds
Wed Oct 30 2024
As a result, USDC temporarily lost its peg to the US dollar.
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