$USDC stablecoin breaks peg and is now trading below $1!
It's time to buy more #Bitcoin!
What's your plan guys?!?
Stay safe out there!
USDC lost its peg!
2 years ago in Memehub by hivelander (64)
$1.88
- Past Payouts $1.88
- - Author $0.95
- - Curators & beneficiaries $0.94
- > peakd: $0.05
38 votes
- giuatt07: $0.42
- fw206: $0.31
- abh12345: $0.24
- lorenzopistolesi: $0.20
- antisocialist: $0.17
- enforcer48: $0.12
- ilnegro: $0.07
- barbara-orenya: $0.07
- gianluccio: $0.05
- samubit: $0.05
- dexpartacus: $0.03
- adamada: $0.03
- piumadoro: $0.02
- amico: $0.02
- airmatti: $0.01
- sgbonus: $0.01
- garlet: $0.01
- freebornsociety: $0.01
- cryptomonica: $0.01
- stea90: $0.01
- and 18 more
Wait for it to blow over.
I think only a small portion of Circle's reserve was in that SVB. So, I think a lot of people are buying USDC to get that 10-12% gain.
We shall see what happens after the weekend.
Yep, I think it's about 4% cash reserves in SVB.
No one knows what will happen till Monday morning 🤷