USDC Market Cap Falls as Redemptions Rise to $1.4 Billion

As one of the largest stablecoins, USDC is one of the major players in the cryptocurrency industry. However, stablecoins have seen better days as the stablecoin has seen its market capitalization drop dramatically in recent months. The second largest stablecoin has seen its market capitalization drop by more than $1.4 billion in recent days, thanks…