#usdc七日流通量减少约8亿枚
Even if exchanges can cover the stolen losses, black-market hackers can still crash the market when they dump their assets. Who should bear the sunk costs incurred throughout the process?
USDC in circulation fell from 72.25 billion to 71.48 billion. By the 31st, it had recovered to 71.9 billion, up 420 million in a single day.
USDC had been declining since mid-October: it stood at 72.26 billion on October 20, and by the 27th it was down by nearly 1 billion. The hot wallet hadn’t been attacked yet at that point.
The drop in USDT was even more pronounced. It fell by 2.52 billion in seven days, from 182.6 billion to 180.1 billion. In the two days after October 29, it dropped by 900 million—faster than the previous week.
Even if exchanges can cover the stolen losses, black-market hackers can still crash the market when they dump their assets. Who should bear the sunk costs incurred throughout the process?
USDC in circulation fell from 72.25 billion to 71.48 billion. By the 31st, it had recovered to 71.9 billion, up 420 million in a single day.
USDC had been declining since mid-October: it stood at 72.26 billion on October 20, and by the 27th it was down by nearly 1 billion. The hot wallet hadn’t been attacked yet at that point.
The drop in USDT was even more pronounced. It fell by 2.52 billion in seven days, from 182.6 billion to 180.1 billion. In the two days after October 29, it dropped by 900 million—faster than the previous week.
