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#redemptions
ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

viyanh
@viyanh in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

Coin (USDC) #stablecoin reserves. USDC’s net #redemptions totaled $3 billion between March 13 and 15, after the stablecoin traded below parity.

 
 

rubina222
@rubina222 in Status·2 years ago

Coin (USDC) #stablecoin reserves. USDC’s net #redemptions totaled $3 billion between March 13 and 15, after the stablecoin traded below parity.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

ziyan74
@ziyan74 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

mahmud552
@mahmud552 in Status·2 years ago

Over the span of three days, #Circle cleared roughly $3 billion in USDC #redemptions as the value of its stablecoin plunged to a low of around $0.87.

mahmud552
@mahmud552 in Status·2 years ago

Bloomberg’s data #suggests that it was the largest number of #redemptions in six months, and Schwab customers withdrew funds from a pair of Schwab Value Advantage Money funds.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

mahmud552
@mahmud552 in Status·2 years ago

USDC’s net #redemptions totaled $3 billion between March 13 and 15, after the #stablecoin traded below parity.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

viyanta
@viyanta in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

zihadi
@zihadi in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

ziyan74
@ziyan74 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

mahmud552
@mahmud552 in Status·2 years ago

The #stablecoin’s dollar peg has since recovered, but mass #redemptions of USDC have resulted in the market cap of the stablecoin dropping by nearly 10% since March 11, according to TradingView.

mahmud552
@mahmud552 in Status·2 years ago

Svanevik also warned that Circle requires “top-class #execution over the next few days,” such as “flawless #redemptions,“ and no calls for “bailouts publicity.

rubina222
@rubina222 in Status·2 years ago

If Grayscale reduced its fees and #stopped improperly preventing #redemptions, the FTX Debtors’ shares would be worth

viyanta
@viyanta in Status·2 years ago

#owing to a stoppage of #redemptions or withdrawals of crypto assets, or to excessive redemptions or withdrawals of crypto assets.

hasannnnnn
@hasannnnnn in Status·2 years ago

the stablecoin but will continue to honor #redemptions. BUSD sharks are instead investing in Tether (USDT) and #USD Coin (USDC).

foysal
@foysal in Status·2 years ago

the stablecoin but will continue to honor #redemptions. BUSD sharks are instead investing in Tether (USDT) and #USD Coin (USDC).

furkan
@furkan in Status·2 years ago

the stablecoin but will continue to honor #redemptions. BUSD sharks are instead investing in Tether (USDT) and #USD Coin (USDC).

opan555
@opan555 in Status·2 years ago

the stablecoin but will continue to honor #redemptions. BUSD sharks are instead investing in Tether (USDT) and #USD Coin (USDC).

mahmud552
@mahmud552 in Status·2 years ago

#According to Zhao, Paxos will continue to service BUSD and manage #redemptions. It also made assurances of its reserves, which have been audited by multiple parties.