Billions of Dollars of USDC Outflow from Stock Exchanges with the Crisis Triggered After SVB Bankruptcy!

$7.4 billion USDC outflows from central cryptocurrency exchanges (CEX) after stablecoin issuer Circle Finance announced that some of its reserves remained with the bankrupt Silicon Valley Bank.

USA’s biggest debut from 20 banks After the bankruptcy of Silicon Valley Bank, Circle’s 40 billion dollar reserve 3.3 billion After he announced that he kept his dollar in the relevant bank, he was released from the central cryptocurrency exchange. 7.4 billion dollar USDC exit occurred.

On-chain analytics platform Scope Protocol According to the data revealed by Circle, many actors operating in the crypto money sector after the statements USDC liquidated its assets. billion dollar investment company Jump Trading 150 while liquidating million USDC Wintermute and Falcon X US cryptocurrency exchange coinbase over 2,4 billion dollar USDC has liquidated seen.

on the other hand From Dune Analytics According to the data received, approximately in the last 24 hours 3.1 billion worth a dollar USDC burning was done.

According to deFiLlama data Ethereum (ETH) roaming on the network USDC amount last 24 within the hour 5.04% while declining TRON (TRX) The amount of USDC in circulation on the network 39% decreased.

According to the data aave And compound as decentralized lending protocols during USDC redemptions 0.80 about dollar levels 124 million USDC liquidated.

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