You can do a little bit of math on recovery scenarios for USDC and they imply much better prices than 90 cents. Don't think this means it's a good trade to go b

You can do a little bit of math on recovery scenarios for USDC and they imply much better prices than 90 cents. Don't think this means it's a good trade to go buy at 90 cents though. If Circle opens up redemptions on Monday there will almost certainly be a run. There's no reason to think that after the dust settles, you'll have something worth more than 90 cents.