borrowing/lending
-
Encryption analyst 0xHamZ: Circle has largely frozen redemption
It is reported that encryption analyst 0xHamZ said on social media that Circle has frozen redemption to a large extent, which means that the r/r of USDC bulls is very good, because you will not have survival bias due to people’s departure (in percentage terms, the hole will become larger). The best way to deal with this situation is to use the borrowing/lending platform and carefully increase the leverage to $0.60. Interpretation of this information: The message is discussing the situation with Circle, a company that offers a stablecoin called…
