‘Desperate’ Stablecoin Investor Pays $2 Million for Just $0.05 in $USDT After $USDC and $DAI Depeg
In an on-chain deal, a “desperate” cryptocurrency investor paid well over $2 million to switch into $USDT from an investment.
In an on-chain deal, a “desperate” cryptocurrency investor paid well over $2 million to switch into $USDT from an investment.
Late Friday night, the USDC issuer Circle Internet Finance released a statement saying that it “awaits clarity” from federal banking.