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Thanks for the response. I had similar reasoning. I bought at 90 cents. I figured the worst case scenario would be that the 8% assets missing from SVB would sta
by relyks 4y ago
Thanks for the response. I had similar reasoning. I bought at 90 cents. I figured the worst case scenario would be that the 8% assets missing from SVB would stay gone, which would make USDC valued at 92 cents. I also figured they would make interest on their t-bill assets, so this would definitely be a good long position