Circle CEO Jeremy Allaire posted an explanation of the fundamentals behind how the USDC economic system works.
Simply put, just get the gist of the news—don't take every story to heart.
Now that this has happened, let's wait a bit and see how the crypto price reacts.
There's no harm in waiting.
$BTC I just took a quick look, and it's at 81470.01 now. When news like this comes out, what do people usually do?