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💸 Binance drops majority of USD Coin reserves — Latest $USDC news In this week’s episode of The Market Report analyst a…
💸 Binance drops majority of USD Coin reserves — Latest $USDC news
In this week’s episode of The Market Report analyst and writer Marcel Pechman delves into the topic of crypto exchange Binance’s proof-of-reserves.
This report reveals a significant decline in $USDC balances, plummeting from $3.4 billion on March 1 to a mere $23.9 million by May 1.📉
Tune in and explore the reasons why Binance let go of a majority of its $USDC reserves and what it replaced them with. 🤔