Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
CoinDesk 2023-03-13 19:12:15
Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period.
