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Zach Rynes | CLG
Zach Rynes | CLG@ChainLinkGod·
Given that $BUSD can now only be redeemed, don’t be surprised if you see the $BUSD peg on secondary markets trade at >$1 for periods of time, peg arbitrage can now only happen in one direction
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τħΞ δρΔЛⓘΛЯĎ
τħΞ δρΔЛⓘΛЯĎ@0xthespaniard·
@ChainLinkGod Seems like putting the reins on stables to force exchanges into new upcoming CDBC’s is slowly becoming a reality
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𝘽𝙖𝙡𝙙𝙧 ® 💎
𝘽𝙖𝙡𝙙𝙧 ® 💎@Raptorj69·
@ChainLinkGod USDC is safe. It is an obvious coordinated attack on binance. I predict in the next six months a binance clawback from FTX. Just after the relaunch and rebranding of FTX to make it effective.
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Andro
Andro@Andro915·
@ChainLinkGod Step 1: kill the big centralised back bones of defi Step 2: prod at all the weak designed “stable coins” leveraging on the stability of busd/usdc/usdt
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