Looks like it broke the buck. I would see people saying that they were using the stable coin accounts like savings accounts. Well they just lost half of their savings. It looks like the regulators concerns were well founded.
Looks like it broke the buck. I would see people saying that they were using the stable coin accounts like savings accounts. Well they just lost half of their savings. It looks like the regulators concerns were well founded.
Hit me for a bit
The more I read and hear about these stable coins the less confidence I have in any crypto. So much wealth literally evaporated overnight.
Thanos was the hero
Question: WWWD?
Answer: Not buy crypto.
It should have been a red flag when they were paying 9% and saying it was like a money market account. I think Josh Browns partner Michael Batnick said that was where he was parking his cash. Hope he got out. I wonder if we will see a wider spillover. We have several condo projects in Miami where people wanted to leave their deposits in crypto. If that is where they had their cash to vlose then they may not be buying when these are complete. People really do stupid things.Originally Posted by boneil
One word ... Ecuador.
https://www.ft.com/content/5887ef43-...c-aacc99f076b9
It's "secret sauce" thats backing tether
Big Mac sauce
Thanos was the hero
20% on my ust looked good for a while, but I’m not foolish enough to jump head first at least
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