thingtank on Nostr: From what I read, it sounds worse than $0.91. The first people that are able to ...
From what I read, it sounds worse than $0.91. The first people that are able to redeem will get $1, but after Circle no longer has enough money to cover redemptions, USDC holders get nothing. USDC becomes completely worthless. A bank run destroys all value in USDC. I don’t know why people would take a chance on it.