EN News: #5
How decentralized DeFi really is? The USDC depeg has raised significant concerns and questions about it. 1. USDC and DAI stablecoins lost 1$ peg tl;dr: If DeFi shouldn’t be just a rebuilding of an tradinational financial system, USDC event must be a big wake up call. What happened? USDC issuer Circle had $3.3B of its …