CoinsAQ summary · neutral
USDC traded $40.2 billion on DEXs during Q3 weekends while banks were closed
What happened
Circle's stablecoin kept decentralized markets busy on Saturdays and Sundays, when traditional bank transfers sit idle Banks close for the weekend. Decentralized exchanges apparently never got that memo. USDC, the dollar-pegged stablecoin issued by Circle, traded $40.2 billion.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
Binance Withdrawals Top FTX Levels in November, but Crypto Liquidity Defies Panic
Binance withdrawals hit FTX levels in November, but $171B assets, hack coverage, and Bitcoin's resilience point to a stronger crypto market.
Tokenization offers enterprises a way to protect data without limiting AI, analyst says
Enterprise data tokenization protects data by using tokens instead of sensitive values, ensuring AI utility remains intact.
Pendle becomes second-largest DeFi venue for tokenized stocks with 17% share
Pendle climbed from seventh to second among DeFi venues for tokenized stocks, capturing about 17% share as on-chain equity deposits surged.