Gate News bot message, According to data shared on social media, Circle (@circle) has conducted a 500M USDC centralized exchange operation. This adds to the ongoing trend of stablecoin movements in the crypto market. The total volume of CEXed stablecoins by Tether and Circle has reached $15B since the October 11 market crash.
The development follows a previous operation where Circle had CEXed 750M USDC, as reported earlier.
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Circle Adds Additional 500M USDC to Total CEX Following Market Event
Gate News bot message, According to data shared on social media, Circle (@circle) has conducted a 500M USDC centralized exchange operation. This adds to the ongoing trend of stablecoin movements in the crypto market. The total volume of CEXed stablecoins by Tether and Circle has reached $15B since the October 11 market crash.
The development follows a previous operation where Circle had CEXed 750M USDC, as reported earlier.