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Resource: FactSet Can the buck be More about the author stopped? The U.S. financial system is seeking shakier, but as Europe faces an Vitality disaster, Japan resists increasing interest fees, China’s Covid-19 lockdown procedures snarl its provide chains and other nations teeter under the burden of large inflation, desire for the dollar appears robust. While it continues to be unclear how long.
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When U.S. dollars are swapped for USDC with a digital asset exchange, the Trade will generally supply the balance of USDC it's got on-hand to meet the swap. When the Trade demands far more USDC to meet the swap, the exchange will often use its Circle Account to mint more USDC.
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