អ្នកប្រើប្រាស់ Coinbase បំប្លែង USDC ជាង 5 ពាន់លានដុល្លារទៅជា Fiat ដោយការភ័យស្លន់ស្លោ

The U.S. Securities and Exchange Commission (SEC) crackdown against crypto ភាគហ៊ុន has caused panic in the ទីផ្សារគ្រីប. In the last 24 hours, Coinbase users have converted nearly $5 billion of Circle’s USD Coin (USDC) stablecoin to fiat due to panic caused by actions of US regulators.

Moreover, a potential សកម្មភាព​ប្រភេទ​ចង្កឹះ​ចំណុច coordinated by multiple U.S. government agencies is likely under a plan to cut ties between the crypto industry and the banking sector.

Coinbase Processed $5 Billion USDC Burn in a Day

PeckShieldAlert in a tweet on February 10 បានបង្ហាញ that over $4.7 billion USDC was processed by Coinbase for burning at Circle’s USDC Treasury in the last 24 hours.

Etherscan ទិន្នន័យ revealed the wallet address is continuously converting USDC stablecoin to fiat. Until now, nearly $5 billion USDC in total have been sent for burning at the USDC Treasury.

It indicates Coinbase users are converting their USDC to fiat amid the panic caused by the U.S. SEC regulatory action against crypto staking. The SEC charged the crypto exchange Kraken for the unregistered offer and sale of securities through its staking-as-a-service program. It resulted in a massive selloff in the crypto market, with the crypto market cap falling over 4% in the last 24 hours.

Although Coinbase processed huge amounts of USDC burn, it also received nearly the same amount of USDC after minting.

Meanwhile, Coinbase (COIN) shares price fell 14% to $59.63 on Thursday. In the pre-market hours, COIN price is trading at $59, down over 1%.

Coinbase CEO To Contest Crypto Staking Ban

Coinbase CEO Brian Armstrong on Friday said they will protect Coinbase and its users from U.S. SEC’s forced enforcement actions. The SEC has earlier attacked Coinbase for listing securities and insider trading cases.

“We will keep fighting for economic freedom (our mission at Coinbase). Some days being the most trusted brand in crypto means protecting our customers from government overreach.”

Pro-crypto SEC Commissioner Hester Peirce has voiced her concerns about the agency’s high-handed action and the lack of regulatory clarity.

សូមអានផងដែរ: US SEC Crypto Staking Crackdown Benefits Decentralized Services, Here’s How

Varinder គឺជាអ្នកនិពន្ធបច្ចេកទេស និងជានិពន្ធនាយក អ្នកចូលចិត្តបច្ចេកវិទ្យា និងអ្នកគិតវិភាគ។ ដោយមានការចាប់អារម្មណ៍ពី Disruptive Technologies គាត់បានចែករំលែកចំណេះដឹងរបស់គាត់អំពី Blockchain, Cryptocurrencies, Artificial Intelligence និង Internet of Things។ គាត់ត្រូវបានផ្សារភ្ជាប់ជាមួយនឹងឧស្សាហកម្ម blockchain និង cryptocurrency ក្នុងរយៈពេលដ៏ច្រើន ហើយបច្ចុប្បន្នកំពុងគ្របដណ្តប់លើការអាប់ដេត និងការអភិវឌ្ឍន៍ចុងក្រោយបំផុតទាំងអស់នៅក្នុងឧស្សាហកម្មគ្រីបតូ។

ខ្លឹមសារដែលបានបង្ហាញអាចរាប់បញ្ចូលទាំងគំនិតផ្ទាល់ខ្លួនរបស់អ្នកនិពន្ធនិងស្ថិតក្នុងស្ថានភាពទីផ្សារ។ ធ្វើការស្រាវជ្រាវទីផ្សាររបស់អ្នកមុនពេលវិនិយោគលើគ្រីបគ្រីប។ អ្នកនិពន្ធឬការបោះពុម្ពផ្សាយមិនទទួលខុសត្រូវចំពោះការបាត់បង់ហិរញ្ញវត្ថុផ្ទាល់ខ្លួនរបស់អ្នកទេ។

Source: https://coingape.com/breaking-coinbase-users-converts-over-5-bn-usdc-to-fiat-in-24hrs-heres-why/