What is happening right now?! 😧

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seems natural

Totally. Stable as can be.

what was usdc for again?

Thats all the ones that are locked in staking 🤣🤣🤣🤣

🔥

We need a new grim reaper meme

Fun times 🤙💜

I used to laugh at people who invest in or short stablecoins. "They're pegged to the dollar!" I said, "It's not an investment!"

Guess they proved me wrong 😅

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USDC still hasn’t recovered. They may never unless they can convince the public the additional cash reserves are safe or actually liquid in cash not just “at a bank”. Even then, they better have over collateralized any loans they’re using to prop up the system.