$USDC $USDC

The recent market trend of USDC has been quite peculiar, with the price stubbornly pinned at 1 dollar while hidden currents are at play. Although the official claim states that the reserves are 100% safe, on-chain data has revealed that Circle quietly redeemed 3.8 billion USDC last month, resulting in a sudden 15% drop in circulation. Even more subtly, these redemptions occurred at 3 AM in Asia, perfectly avoiding the US stock trading hours, reminiscent of a game of "quietly reducing the balance sheet