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mrcggl | 3 years ago

USDC is not an investment, it's a tokenized market money fund which you can redeem for 1$. Circle, they company issuing it, said that they will honoring redempetions 1:1 from tomorrow (weekend they can't because of bank closures).

Also the trading volume of stablecoins and of the largest cryptocurrencies is close on most day to NASDAQ's listed equities trading volume.

discuss

KaiserPro|3 years ago

> said that they will honoring redempetions 1:1 from tomorrow

until they run out of capital/credit.