$USDC : Jupiter Lend’s withdrawal liquidity rebounds from near zero to 29 million USDC
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• The 09:25:56 UTC API reading on October 31 put available USDC at about 6.6% of reported total assets.
• Jupiter Lend's reported USDC withdrawal liquidity stood at about 29 million USDC in a 09:25:56 UTC reading on Oct.
• 31, easing the immediate cash constraint at Jupiter's lending product after near-zero availability the previous afternoon.
• Bitquery reported that only $88.89 of USDC was free to withdraw at 16:18 UTC on Oct.
• 30, against $416 million owed to Jupiter Lend's USDC savers.
#USDC #DeFi
Source - CryptoSlate
━━━━━━━━━━━━━━━━━━━━
• The 09:25:56 UTC API reading on October 31 put available USDC at about 6.6% of reported total assets.
• Jupiter Lend's reported USDC withdrawal liquidity stood at about 29 million USDC in a 09:25:56 UTC reading on Oct.
• 31, easing the immediate cash constraint at Jupiter's lending product after near-zero availability the previous afternoon.
• Bitquery reported that only $88.89 of USDC was free to withdraw at 16:18 UTC on Oct.
• 30, against $416 million owed to Jupiter Lend's USDC savers.
#USDC #DeFi
Source - CryptoSlate
