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Re:Bitcoin’s reliance on stablecoins harks back to the Wild ... by letier on Saturday June 05, 2021 @04:37PM (#27408281)
Technically still not 60%, but thank you for pointing this out! I was not aware of this.

If i interpret this correctly, this could lead to a very high spike in interest for dai lenders on other collateral currencies, in case the usdc collateral goes bad.

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