Stable Portfolio Underlying AssetsUnderlying asset analysis of Stable Portfolio.
USDC/DAI/USDT daily price.
🔥 USDC Severely Depegging: Crypto Contagion Spreading! 🚨The USDC stablecoin, once argued to be the 'safest' of all stablecoins, is currently depegging against the nominal $1 value.
The reason behind the initial depeg was caused by the news that Circle, USDC's parent company, has part of her funds stalled at the recently defaulted $SIVB Silicon Valley Ba
Binance introduces USDC/USDT pair to help Circle CollapseAfter Luna`s stablecoin collapse, UST:
Now Binance, the biggest crypto exchange, recently introduced the USDC/USDT pair, and now it`s users are able to transform their USDC into Tether.
And let`s be honest, who wouldn`t to that amid this market uncertainty?!
On Saturday, the USD Coin (USDC) stabl
USDC in critical situation !USDC / USDT
one of top famous stable coins
unfortunately it de-pegged after circle (issuer of USDC) confirmed that $3.3B of the ~$40B USDC reserves are in collapsed Silicon Valley Bank
Today circle said : they will cover any missing liquidity in Silicon Valley Bank using corporate funds for $US
It's an emergency. Run awayStable coins are no longer stable
If you don't want to be in the same situation as the UST, LUNA coin
It's not too late. I hope you make a wise choice Let's get out of here.
Banking on Disaster: Fed Continues to TightenThe Federal Reserve's extreme tightening just caused the second-largest bank collapse in U.S. history (in nominal dollars).
In this post, I will explain just how far the contagion is likely to spread, and why this is likely just the start of what may be widespread liquidity crises.
In early 2022,
8% Quick gamble. I think this is going back to parity withindaysNot sure I would ever gamble like that but if I had some balls, I would follow my guts and buy usdc.
HorriblePeace, mercy and blessings of God be upon you. I have seen many horrific and sad things in the market. I do not wish it on my enemy or myself. A very dirty market. Be careful and stay safe from the filth of the market.
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