USDC is systemically important in crypto and with the failure of Silvergate and Sillicon Valley Bank, the market fears a big hit to the reserves backing the stablecoin.
@monajafi, They'll circle back when they have the money.
panickyChart62257
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@Sabibaby, when they supply and demand trade money off of people in this free market... :D lulz
brightspambox
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This defeats the point of USDC.
KINGdewd
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Back to almost normalcy in what days? El scammo
financialfreedomgoals101
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Silver gate case will have a huge impact on the crypto industry
consultvarejo
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Usdc loss money
panickyChart62257
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@consultvarejo, if they are still in business, they havent lost enough.
But the whole shenanigan in words of Cristine Lagarde... is that they claimed their shit coin was backed like with good securities. LAUGHABLE @ BOTH Circle and ECB.
Hows your crypto shenanigans going @ LAgarde and ECB