HEX or any other crypto coin at any given time?
USDC is not algorithmic stable coin
That’s correct, but what is needed to peg a crypto coin to a stable coin?
Super tricky, Dai is doing decent job / basically overcollateralize it - boom that a secret
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.
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.
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?
As I know, than not…almost like 99% sure. But as I say…. I am not Dev
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