USDC IS NOT SAFU

[Anonymous No.54108098]

>It's pegged goy, everything is fine, we have all the money in the world, don't worry, just keep it USDC.
>1 USDC = 0.994 USD

>Coinbase users reporting that they are having troubles to convert their USDC to USD on Twitter
>Coinbase disabled automatic converts
>US Government openly shutting down banks they are using and asking banks If they are exposed to Crypto
>Company announces that everything is alright
>No audits except company PDF reports
>Billions of sell orders from $1, some people got tired of waiting and sold it from 0.98
>Banks they announced that they switched to down %30 on stock market

As soon as it pegs to $1, It'll go to $0. That's why it'll never repeg because company knows that as soon as it's $1 they are fucked. Have fun with your 0.9X stable coin niggers.

[Anonymous No.54108118]

>>54108098
>USDC fud

shut up you retarded nigger

1:1

seethe cope dilate

[Anonymous No.54108132]

>>I can rest assured my funds are safu

[Anonymous No.54108135]

>>54108098
the bigger concern is the threat of the financial system's implosion wiping out all the deposits backing the value of these stablecoins, because the banks are all insolvent. and then the subsequent hyperinflation from massive liquidity injections that will make stables worse to hold than a BSC shitcoin. this however was always the fate of stablecoins... because their value is pegged to the shittiest asset of all

[Anonymous No.54108143]

>>54108135
based. crypto isn't on shaky ground, but fiat is.

[Anonymous No.54108557]

>>54108118
>FUD
>1:1

kys nigger, you gonna lose everything, it's over.

[Anonymous No.54108589]

>>54108557
ZZZZZZZzzzzZZZZzzZzZzZzZzZzZzZz

its been 1:1 for two days now

you're late to the party

go rope nigger

[Anonymous No.54108615]

>>54108589
Bro did you not see what happened?

The biggest stablecoin banks went under and were acquired by the government who's launching their own stable

[Anonymous No.54108685]

>>54108615
doesnt matter still 1:1

get out of crypto if ur that much of a weak homosexual

[Anonymous No.54108761]

>>54108098
ARTH SOLVES THE KIKE STABLECOIN PEG DEPEG ISSUE.
GET FUCKED JEWS, NOW YOU LOSE!

[Anonymous No.54108795]

>>54108615
It was acquired by hsbc

[ALL FIELDS No.54109186]

>>54108098
>>1 USDC = 0.9999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999994 USD
happeningcels belong to >>>/pol/

[ALL FIELDS No.54109207]

>>54108098
>As soon as it pegs to $1, It'll go to $0.
omg you are retarded bhahaha

[Anonymous No.54109782]

>>54108098
it is as safe as the banks that hold its reserves