The USDC/USDT trading pair is online, which means USDC is ready to become the second UST.
The Federal Reserve has stated that it will not completely take over SVB, which means that the bank will die on its own and leave it alone. In fact, from the perspective of the US imperial government, it is a good thing. Of course, those who are looking forward to bailing out the market will definitely cry.
Starting tomorrow, anything is possible.
Even if panic is not sold and people who are really panic run for their lives, people who have to panic can be allowed to panic again.
This is also the essence of why the decline is so rapid.
