Derek Ross on Nostr: Coinbase is not allowing USDC to be exchanged for dollars. 😂 Circle had $3.3 ...
Coinbase is not allowing USDC to be exchanged for dollars. 😂 Circle had $3.3 billion of its $40 billion of USDC reserves at collapsed Silicon Valley Bank. That effectively puts each USDC at $0.9175 instead of $1.00.
Published at
2023-03-11 18:07:06Event JSON
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"pubkey": "3f770d65d3a764a9c5cb503ae123e62ec7598ad035d836e2a810f3877a745b24",
"created_at": 1678558026,
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"tags": [],
"content": "Coinbase is not allowing USDC to be exchanged for dollars. 😂 Circle had $3.3 billion of its $40 billion of USDC reserves at collapsed Silicon Valley Bank. That effectively puts each USDC at $0.9175 instead of $1.00.",
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