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A comment on Tether starting to lose its peg too, after Terra did. Parent comment

Re:Tether starting to lose its peg too, after Terra did by thebean11 on Thursday May 12, 2022 @02:08PM (#31357880)
Coinbase and Circle were certainly able to pull off both steps for USDC. They require KYC to purchase USDC from them, or redeem USDC for USD. USDC can be traded on the secondary market without KYC.
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