Yeah they’ll probably repay in USDC but no way they’ll sell their UST on the open market they’re supposed to be the ones that keep the peg. Theyll just find someone who will loan it from them, and agree to hold for a given time. Should be easy enough at ten cents on the dollar if they show work. Right?
Why would anyone do that with the way this has been handled???
Am I seeing things? on KuCoin, looks like UST is nearing 0.80… if I am not mistaken by what I’m seeing, what’s going on to raise the price back near peg? Still looking around the internet for answers.
i see .09