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.
Breaking: Coinbase Users Converts Over $5 Bn USDC To Fiat In 24Hrs, Here's Why
coingape.com
+ 1 more
10 February 2023 09:54, UTC