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crypto-users-turned-to-dexs-loaded-up-on-usdc-after-silicon-valley-bank-crash

Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

Blockchain analysis firm Chainalysis found that the downfall of Silicon Valley Bank saw crypto users flock to decentralized exchanges, similar to what happened after the collapse of FTX, while crypto traders bet that USDC would regain its peg and loaded up during depeg.
Read more on: cointelegraph.com