in 2019 then they would be fine. Dont you think guys? I cant see RSV ending up the same at all
Their timing was bad tbh, they probably sold their BTC at loss. What makes me wonder where is the full transparency about how they used bitcoin reserve to support their UST with all txs. I cant wait to see your competetive market with rtokens. I would like to create my own stable coin as well
They released the information about what they did with the BTC. They tried defending the peg with it - but the death spiral was too heavy for them to actually re-peg it.
Love to hear it! What would you back your stablecoin with?
Yes when I seen UST goin to 30 cents I was thinking many speculors will take profit as they try to stabilise. I calculated that they would need at least 20 bilion dollars to put it back quickly enough
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