Voyager Digital transfers $150 million USDC to Circle to convert it into US dollars

ChainCatcher news, on-chain data shows that Voyager Digital transferred $150 million USDC stablecoin to Coinbase and Circle's joint venture Centre, ultimately converting it to USD. This is part of Voyager's strategy to sell crypto assets.

In February of this year, Voyager transferred approximately $154.4 million USDC from Coinbase to the Ethereum wallet publicly labeled "Voyager 1."

Previous report, U.S. Judge Jennifer Rearden approved the U.S. Department of Justice's request to pause the appeal against the sale of Voyager to Binance.US, which had previously been approved by the bankruptcy judge. (The Block)