币界网报道：Circle's USDC stablecoin experienced a volatile trading session, with its price initially surging to $0.75 before sharply retreating to close at $0.22265. The dramatic 70% pullback followed an intense rally that saw the stablecoin briefly deviate from its $1 peg. Market analysts attributed the unusual price action to a combination of speculative trading and temporary liquidity imbalances in decentralized exchanges. Circle CEO Jeremy Allaire emphasized that USDC remains fully backed by reserves, calling the price swing "a temporary market anomaly unrelated to the stablecoin's underlying fundamentals." The incident has reignited discussions about stablecoin regulation, with several lawmakers calling for increased oversight following the volatility. Trading volumes for USDC spiked to record levels during the event, with over $5 billion worth of the stablecoin changing hands across major crypto exchanges.