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USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
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Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
![Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin](https://bankingandinsurance.in/wp-content/uploads/https://www.coindesk.com/resizer/y3YOe1Hq1z4n3ZCEPkDnVVsYt9M=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/FCPNP47CRJAYRMVCEEX63GT6I4.jpg)