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RE: BANK RUN: Silicon Valley Bank + USDC/DAI

in LeoFinance2 years ago

I can see your point about the stability of USDT compared to alternative regulated stable coins like USDC and DAI. It's interesting to consider the potential outcomes if a stable coin were to crash to zero and the impact it would have on the crypto sector. It's true that Bitcoin was originally created as a safe haven for bank collapse, and it may still serve that purpose in the face of a systemic failure. It's possible that in such a scenario, investors would turn to Bitcoin as a more secure option for their money.