Coinbase and Binance Suspend USDC Conversions as Dollar Peg Wobbles
Leading cryptocurrency exchanges Coinbase and Binance have suspended conversions of the stablecoin USDC (USD Coin) due to concerns about its peg to the US dollar. The move comes as the value of USDC has come under pressure in recent weeks, with some traders and analysts warning of potential risks to the stability of the stablecoin … Read more