03-11-2023, 07:50 AM
I'm afraid we have some bad news
<!-- SC_OFF --><div class="md"><p>USDC has lost it's peg, this could be one of those black swan events that could collapse not only USDC, but crypto as a whole, hopefully it's going to go back up, if it doesn't...we are in for a rough ride, most of you will say "yeah give me cheap btc" the problem is, you won't even buy it no matter how low it's going to go lol</p> <p>​</p> <p>USDC dropped as low as 0.91$ and now it's hovering around 0.93$, hopefully it's just a flash drop, because if USDC will drop...the only alternative USDT is not convenient at all, I'd rather hold no stable coins than hold USDT ngl</p> <p><a href="https://www.coingecko.com/en/coins/usd-coin">https://www.coingecko.com/en/coins/usd-coin</a></p> <p>For crypto's sake we should all hope this goes back to 1$ or else...summer is going to be cold af</p> <p>It really sucks for us, USDC holders who thought this is a bit safer than USDT, if it collapses first then sayonara.</p> <p>What do you guys think will happen next? Doesn't look good
</p> <p>​</p> <p>thanks to <a href="https://www.reddit.com/user/LongjumpingMiddle850/"><strong>LongjumpingMiddle850</strong></a> we just realised DAI lost the peg too</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/LeThaLxdARk"> /u/LeThaLxdARk </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11oaf7l/im_afraid_we_have_some_bad_news/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11oaf7l/im_afraid_we_have_some_bad_news/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>USDC has lost it's peg, this could be one of those black swan events that could collapse not only USDC, but crypto as a whole, hopefully it's going to go back up, if it doesn't...we are in for a rough ride, most of you will say "yeah give me cheap btc" the problem is, you won't even buy it no matter how low it's going to go lol</p> <p>​</p> <p>USDC dropped as low as 0.91$ and now it's hovering around 0.93$, hopefully it's just a flash drop, because if USDC will drop...the only alternative USDT is not convenient at all, I'd rather hold no stable coins than hold USDT ngl</p> <p><a href="https://www.coingecko.com/en/coins/usd-coin">https://www.coingecko.com/en/coins/usd-coin</a></p> <p>For crypto's sake we should all hope this goes back to 1$ or else...summer is going to be cold af</p> <p>It really sucks for us, USDC holders who thought this is a bit safer than USDT, if it collapses first then sayonara.</p> <p>What do you guys think will happen next? Doesn't look good
</p> <p>​</p> <p>thanks to <a href="https://www.reddit.com/user/LongjumpingMiddle850/"><strong>LongjumpingMiddle850</strong></a> we just realised DAI lost the peg too</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/LeThaLxdARk"> /u/LeThaLxdARk </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11oaf7l/im_afraid_we_have_some_bad_news/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11oaf7l/im_afraid_we_have_some_bad_news/">[comments]</a></span>