USDC has already depegged. Game over for USDC. We won't know what happens in the real world until next week, but this weekend is going to be interesting for crypto.
Bets on which crypto exchange is going to shutter next?
Bets on which crypto exchange is going to shutter next?
Edit: There you go: https://daistats.com/#/
Disclaimer: somewhat motivated reasoning since I’ve left a standing order for DAI at 0.995 on an exchange, which was just filled this evening, in the expectation that DAI always returns to parity.
I guess, assuming the assets are there, I don’t see why/how it would drop below that, or be finished, other than some volatility due to panic