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Circle invests in Sei Blockchain Layer-One to expand use cases for USDC

Byadmin

Stablecoin issuer Circle is investing in a new Layer 1 blockchain to expand use cases for USDC, its dollar-pegged digital asset. In a new company blog post, the Sei Network (SEI), which claims to be the world’s fastest blockchain, claims that Circle’s venture capital arm is investing in it to expand the utility of USDC….

USDC Market Cap Falls as Redemptions Rise to $1.4 Billion

Byadmin

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…