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This risk doesn't really depend on having USD reserves though, does it? If the company offers making the USDC <-> USD trades outside of business hours, it's tak
by tgsovlerkhgsel 4y ago
This risk doesn't really depend on having USD reserves though, does it? If the company offers making the USDC <-> USD trades outside of business hours, it's taking the risk. (Of course, if it has the reserves it can be sure to remain solvent if that risk manifests.)
- charcircuit 4y agoIt's just the idea to limit how much USDC you are holding at one time. The more USDC you hold, the more risk there is. A reserve of USDC is just another way of saying that you have a max of USDC you are willing to hold.