Mar 11 2023

DeFi Platform Maker DAO Takes Swift Action to Address $3.1B USDC Risk with Emergency Proposal

published by Shayan Chowdhury
in blog Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
original entryDeFi Platform Maker DAO Takes Swift Action to Address $3.1B USDC Risk with Emergency Proposal

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The post DeFi Platform Maker DAO Takes Swift Action to Address $3.1B USDC Risk with Emergency Proposal appeared first on Coinpedia Fintech News The crypto market has again met with another stablecoin collapse after UST as investors are rushing to withdraw their funds. Circle, the issuer of USD Coin (USDC), today announced that it faced challenges in withdrawing $3.3 billion from its $40...