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Circle’s loss may prove to be Tether’s gain as the former ceased support for stablecoin USDC. Separately, Tether accounted for its highest cash reserves.
USDC issuer Circle Internet Financial said Tuesday it is curbing service for individual accounts to mint stablecoins. "Circle is phasing out support for…
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USDC is the second-largest stablecoin in the market, with a supply of $25 billion.
USDC issuer Circle Internet Financial said Tuesday it is curbing service for individual accounts to mint stablecoins. "Circle is phasing out support for…