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2023-03-11 18:07:06

Derek Ross on Nostr: Coinbase is not allowing USDC to be exchanged for dollars. 😂 Circle had $3.3 ...

Coinbase is not allowing USDC to be exchanged for dollars. 😂 Circle had $3.3 billion of its $40 billion of USDC reserves at collapsed Silicon Valley Bank. That effectively puts each USDC at $0.9175 instead of $1.00.
Author Public Key
npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424