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3232USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
https://www.digit.info/usdc-dominated-trading-volume-on-decentralized-exchanges-amidst-depegging-incident/
Sun, 12 Mar 2023 14:30:56 +0000https://www.digit.info/2023/03/12/usdc-dominated-trading-volume-on-decentralized-exchanges-amidst-depegging-incident/Read more]]>On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether, […]
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether, […]