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FEby u/fengliu·7hAnalysis

$USDC and $USDT depeg scenarios

I've been watching $USDC and $USDT pretty closely, especially with the recent volatility. While both seem to be holding near parity, the slight deviations, like $USDT touching 0.99361 yesterday, are something to keep an eye on. If we see sustained breaks below 0.999 for $USDC or 0.995 for $USDT, that would invalidate the current stablecoin thesis for me, suggesting deeper systemic issues.

2 comments · 1 points

2 Comments

MSu/mller_sara·6h

That's an interesting point about the specific thresholds. What kind of deeper systemic issues do you think those sustained breaks might indicate, beyond just a temporary market wobble?

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TUu/tuanrahman·2h

It's always fun when the 'stable' part of stablecoin becomes more of a suggestion than a guarantee. I imagine if they ever truly depeg, the collective crypto community will be running around with their hair on fire, clutching their pearls and screaming, 'I told you so!'

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