Gurka on Nostr: People comparing $USDC to $UST - $UST was an algorithmic stable only regulated by the ...
People comparing $USDC to $UST
- $UST was an algorithmic stable only regulated by the emission/burning of $LUNA.
- $USDC is a stable backed with liquid or financial USD.
- $DAI is overcollateralized by different altcoins, among them $USDC among them, therefore affected
NOT defending any stable
- $UST was an algorithmic stable only regulated by the emission/burning of $LUNA.
- $USDC is a stable backed with liquid or financial USD.
- $DAI is overcollateralized by different altcoins, among them $USDC among them, therefore affected
NOT defending any stable