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exactly why stable coins should not be called stable coins. Its pretty misleading and it's opened the floodgates for the SEC and governments to step in and either regulate the F out of it or trash it.

Geez, glad I swapped my USDC about an hour ago.

It's toast, RIP

Transition is down, Silicon Valley Bank was a big custodial for their FIAT.

OMG. You're right.