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Maple’s syrupUSDC Assets Under Management Fall 12% From Oct. 19

The figure declined by $320 million to $2.36 billion. Maple’s third-quarter loan balance was 12% above a year earlier.

By John Kim
Published
An unmarked silver token rests half-submerged in a clear glass cylinder / TokenPost.ai
An unmarked silver token rests half-submerged in a clear glass cylinder / TokenPost.ai

Maple Finance’s syrupUSDC assets under management fell by $320 million to $2.36 billion from $2.68 billion on Oct. 19, a decline of about 12%.

Maple ended the third quarter with a loan balance of $1.67 billion, 9% below the second quarter and 12% above a year earlier.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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