Compartilhe este artigo
USDC Stablecoin Momentarily Depegs to $0.74 on Binance
The stablecoin immediately snapped back to its $1 peg on Binance.
Circle's USDC dollar-pegged stablecoin fell to as low at $0.74 on three separate occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin [BTC] ETF will be approved this month.
Between 12:10 and 12:21 UTC, USDC suffered three spikes down to $0.74, $0.80 and $0.79 against its tether [USDT] trading pair on Binance; the price immediately snapped back to $1 on all three occasions. This can occur when a trader sells USDC for USDT and there isn't sufficient liquidity to maintain the $1 peg.
STORY CONTINUES BELOW
Não perca outra história.Inscreva-se na Newsletter Crypto Daybook Americas hoje. Ver Todas as Newsletters
The 2% market depth on Binance for the USDC/USDT pair is skewed to the upside, with $26 million in orders stacked up to $1.02 and $6.1 million in orders stacked down to $0.98, according to CoinMarketCap. This means that when a trader makes a sell order larger than $6.1 million, the price would fall below $0.98. There was $6.2 million worth of volume at 12:10 UTC followed by $4.3 million at 12:21 UTC.
More than $500 million in derivative positions were liquidated following a report by Matrixport, which predicted the SEC would reject a number of spot bitcoin ETF applications this month.
It's worth noting that this trading pair has experienced several slight depegs over the past few months, although none of those exceeded 4% in either direction.
The last time USDC lost its peg was in March following the collapse of Silicon Valley bank, when it traded down at $0.86 after it was revealed that Circle had a portion of funds backing the stablecoin held at the beleaguered bank.
Mais para você
O que saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Gemini Approved by CFTC to Offer U.S. Prediction Markets, Stock Surges Nearly 14%
The decision allows Gemini’s affiliate to offer supervised event-contract markets to U.S. users, adding regulated forecasting tools as the firm expands its product lineup.
What to know:
- Gemini said its affiliate, Gemini Titan, received CFTC approval to operate as a Designated Contract Market.
- The firm stated that the license enables it to offer regulated prediction markets to U.S. customers.
- The Winklevoss twins praised the decision as aligning with President Trump’s push for U.S. leadership in the crypto sector.
Top Stories
