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Here’s what USDC is doing right to maintain certainty amidst Terra’s meltdown

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It was only a week ago when the stablecoin economy got awfully close to surpassing the $200 billion mark. But Terra’s recent collapse changed all that.

At press time, the stablecoin market capitalization witnessed a significant fall to the $163 billion figure.A majority chunk of stablecoins within the market lost their $1 parity.

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