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Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg

The decision follows a turbulent period during which USDC temporarily lost its dollar peg after key banking partner SVB collapsed.

Circle is the issuer of USDC. (Sandali Handagama/CoinDesk)
Circle is the issuer of USDC. (Sandali Handagama/CoinDesk)