Why USDC De-Pegged? Is All Stable Coin Safe?

in DTube2 years ago


USDC has been depegged due to the Silicon Valley Bank (SVB) news and It's concerning to anyone holding their "USD" in USDC
Is the whole stable coin market safe for certain?
How these events are going to impact the Crypto Market In Overall?
Find out more in this video!

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News about



https://cointelegraph.com/news/bitcoin-slips-under-20k-amid-biden-budget-silvergate-collapse https://www.coindesk.com/tech/2023/03/10/how-silvergates-crypto-collapse-differed-from-silicon-valley-banks-no-us-government-bailout/ https://cointelegraph.com/news/silvergate-closes-exchange-network-releases-9-9m-to-blockfi

00:00 Intro & Disclaimer
00:59 SilverGate & Silicon Valley Bank Gone?
03:46 What Will Happen To Stable Coins?
07:37 What WIll Happen To Crypto Market?
11:47 What Should You Do?
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