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Question: is it at all possible for USDC to de-peg

HEX or any other crypto coin at any given time?

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USDC is not algorithmic stable coin

Luminous-Nelissen Автор вопроса
Fra Bato
USDC is not algorithmic stable coin

That’s correct, but what is needed to peg a crypto coin to a stable coin?

Luminous Nelissen
That’s correct, but what is needed to peg a crypto...

Super tricky, Dai is doing decent job / basically overcollateralize it - boom that a secret

Luminous Nelissen
That’s correct, but what is needed to peg a crypto...

Same founders and one ecosystem 😀. USDC is most safe stablecoin in my eyes. If he dies, it will have effect But not just USDC/HEX pair, But whole Market. But its nor straight bonded to HEX, just by the liquidity. So dont worry.

Fra Bato
Same founders and one ecosystem 😀. USDC is most sa...

HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's price went up the fastest when its liquidity was lowest. Ethereum's price went up the fastest when its liquidity was the lowest.

Luminous-Nelissen Автор вопроса
Fra Bato
Same founders and one ecosystem 😀. USDC is most sa...

I’m asking bc Circle is managed by black rock....connecting some dots to the WEF: you’ll own nothing & be happy. Therefor, can USDC freely choose to ditch its pair with HEX or any other coin?

Luminous Nelissen
I’m asking bc Circle is managed by black rock....c...

As I know, than not…almost like 99% sure. But as I say…. I am not Dev

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