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Re:Coinbase suspending USDC:USD conversions over the weekend by drexlspivey on Saturday March 11, 2023 @05:50AM (#35107184)
You can turn it into real money in any amount by selling it on the market. Market makers will handle the “100k chunks” problem for you.
Re:Coinbase suspending USDC:USD conversions over the weekend by simmerup on Sunday March 12, 2023 @03:03PM (#35124637)
Exactly. It’s a neat way to prevent a run, especially if the market makers are acting in cahoots.