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Breaking: Coinbase Users Converts Over $5 Bn USDC To Fiat In 24Hrs, Here's Why

source-logo  coingape.com  + 1 more 10 February 2023 09:54, UTC
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The U.S. Securities and Exchange Commission (SEC) crackdown against crypto staking has caused panic in the crypto market. In the last 24 hours, Coinbase users have converted nearly $5 billion of Circle’s USD Coin (USDC) stablecoin to fiat due to panic caused by actions of US regulators.

coingape.com

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