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A comment on It amazes me how many people are blissfully unaware of the rampant tether fraud. Parent comment

Re:It amazes me how many people are blissfully unaware of th... by mkj on Saturday November 12, 2022 @09:37PM (#33579389)
That won't work if USDC also drops?
[ Parent | on HN ]
Re:It amazes me how many people are blissfully unaware of th... by nerf0 on Saturday November 12, 2022 @11:14PM (#33579964)
Correct. Here I'm assuming USDC is "stable".

If USDC drops (or if USDT rises, for that matter), you might get liquidated.

[ Parent | on HN ]