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The depegging of USD Coin (USDC) and Dai (DAI) from the US dollar resulted in more than $2 billion in loan repayments on decentralized lending protocols Aave and Compound, with borrowers saving a total of over $100 million. USDC and DAI started heading back toward their peg, and repayment activity tapered off in the following days. (Read More)
Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC.
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