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Re:UST Stablecoin Loses Dollar Peg by huevosabio on Monday May 09, 2022 @09:13PM (#31322157)
As with the Lebanese Pound, if you are getting >10% on savings deposits you are being scammed.
Re:UST Stablecoin Loses Dollar Peg by oarabbus_ on Tuesday May 10, 2022 @03:29AM (#31324494)
CDs in the 1980s paid well over 10%. This has nothing to do with Luna/UST's scheme, but it remains true.
Re:UST Stablecoin Loses Dollar Peg by jboy55 on Tuesday May 10, 2022 @12:27PM (#31328998)
Of course the treasury rate was much higher as well.
Re:UST Stablecoin Loses Dollar Peg by cdiddy2 on Tuesday May 10, 2022 @07:30AM (#31325820)
ibonds in the US pay 9% right now. not far off 10%