USDC Suffers 50% Slump Amid Market Volatility

The Icelandic Króna (ISK) to USDC exchange rate has seen significant fluctuations in recent market activity. Over the last 24 hours, the value of USDC has decreased by a notable 50%. This change translates to a drastic shift in the equivalent ISK value, currently sitting at 0.00000811 USDC per 0.001 ISK.

The circulating supply of USDC remains at 72B, with no indication of any changes or updates on this front. The current exchange rate for USDC stands at 1 USDC = kr0.008107466623187065 ISK, as reported by Bybit's aggregated market-maker quotes.