Arkham: net redemptions of Circle's USDC reached $4.5B since March 10, including a single $723M redemption that was later burnt, after Signature and SVB fell (Adam Morgan McCarthy/The Block) 15-03-2023

Adam Morgan McCarthy / The Block:
Arkham: net redemptions of Circle’s USDC reached $4.5B since March 10, including a single $723M redemption that was later burnt, after Signature and SVB fell — – USDC redemptions reached $6.2 billion since Friday. — In the same period, around $1.7 billion was minted, taking net redemptions to $4.5 billion.