USD COIN / DAI STABLECOIN on Ethereum (D9E497...EA74B7) in USDUSD COIN / DAI STABLECOIN on Ethereum (D9E497...EA74B7) in USDUSD COIN / DAI STABLECOIN on Ethereum (D9E497...EA74B7) in USD

USD COIN / DAI STABLECOIN on Ethereum (D9E497...EA74B7) in USD

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USD COIN / DAI STABLECOIN on Ethereum (D9E497...EA74B7) in USD discussion

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USDCUSD Looks like selling pressure has waned a bit; could be temporary only. It's crucial that it keeps going up to $.98-99 before Monday so that when CEXs resume USDC -> USD swaps, people have regained faith in usdc and don't feel as tempted to swap. Remember the average investor doesn't necessarily differentiate Circle's current situation from a Luna or Ftx situation (even tho so far they are completely different situations) - when things dump unexpectedly, it's normal to panic and protect your money.