Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
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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The Convex Finance price is $5.39, a change of 7.16% over the past 24 hours as of 8:43 a.m. The recent price action in Convex Finance left the tokens market capitalization at $527,580,079.03. So far this year, Convex Finance has a change of 68.02%. Convex Finance is classified as a N/A under CoinDesks Digital Asset Classification Standard (DACS).
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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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