The token is on the verge of restoring to its 1:1 peg with the U.S. dollar after falling to a historic low of $0.87 per token two days prior.
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314M USDC sent to null address as redemptions begin: Report
The token is on the verge of restoring to its 1:1 peg with the U.S. dollar after falling to a historic low of $0.87 per token two days prior.