Do they have an ace up their sleeves? I get

why they have done this but the way they have just cut everything is obviously going to make people panic sell and jump ship.

I for one will leave my jade stake in cdc regardless, but the money I have locked up in stable coins worries me after the way the news has been delivered, then again they look like they have planned and spent enough to be long term players in crypto.

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All exchanges did cut rates. From Blockfi to Nexo, so not unexpected

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