Circle’s USDC, a prominent dollar-pegged stablecoin, encountered significant volatility today. Notably, the stablecoin’s value dipped to as low as $0.74 in three separate instances. This instability surfaced amid a broader market sell-off triggered by skepticism over approving a Bitcoin ETF this month. The fluctuations in USDC’s value were observed on the Binance exchange. Specifically, the
