$USUAL will fall into a death spiral due to decoupling?
Come on! USD0 will always maintain its peg, especially when we have fully liquid overnight reverse repos as support. It's a bit funny that some are FUDing about this.
If needed, the team can redeem the entire USD0 supply within a few hours. The price difference will only turn into protocol income!
At the same time, we can also see that the USD0->USYC redemption stability mechanism is functioning normally, with institutions on the Redeem whitelist gradually purchasing $USD0 for $USYC redemptions.
This recent FUD about a network-wide run on the bank is like a final exam for @usualmoney in 2024. Wishing everyone a Happy New Year in advance, and see you in 2025 🎉