3 ms·
For anyone who's reading, the recent SVB chaos must have been a bonanza for them. There was a massive flight-to-"quality" from USDC and DAI into USDT, which led
by SilasX 4y ago
For anyone who's reading, the recent SVB chaos must have been a bonanza for them. There was a massive flight-to-"quality" from USDC and DAI into USDT, which led to a massive premium the latter. That premium still hasn't gone away, and is only down to 0.1%. During the chaos it traded for as much as $1.10. That should have been easy money for the company.