 | Coinbase tweeted earlier that USDC to USD conversions have been reinstated and are now operating as normal. https://twitter.com/coinbase/status/1635276541545566215 USDC is redeemable for 1 USD but the user has to convert manually on the app or site. USDC has also repegged on most DEX's some users have not been able to get the conversion to work on the coinbase app but it seems to be working on the website. It appears the USDC depeg fears are over for now and the safest stable is back to being the safest stable. Did this experience change the Stable coin you trust to use the most? [link] [comments] |
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