We are currently in a position where stabilizing USTC at $1 within the Terra Classic chain is feasible. With the right planning and effective presentation to investors, this can be achieved.
If steps haven't been taken yet towards re-pegging USTC, it's likely that a plan is in place and something is being prepared.
It's important to note that the rapid rise of USTC to $0.07 and the subsequent opening of futures transactions is not coincidental. Engaging in futures trading can be a strategy to suppress the price without selling off existing holdings. Traders may choose to close these futures positions once USTC hits their desired target.
This is why we've consistently emphasized the importance of patience regarding USTC. While there are suggestions for re-pegging, they have yet to be accepted, which suggests that better strategies may be under consideration.
As investors, our greatest asset is our ability to remain patient.
