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RE: USDC Depegs To $0.87. WTF!

in LeoFinance2 years ago

You challenge the god with undeniable logic and the clerics will make you the god!
Satoshi challenged the monetary system and ........... UN-stable coins on the blockchain.
After the collapse of UST and now USDC we should rethink about the concept of stability of any asset.

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Definitely, we should. Stablecoins de-pegging is not a great sign tbh. But it will bounce back once the dust settles. It isn't going anywhere for sure.