USTC is really crazy
The information gap behind the surge
It is not a community proposal for next generation inheritance. This proposal has not entered the voting stage before, it is just a discussion on a forum. The more core reason may be the new project Mint Cash that the main team members are about to participate in and the new version of the anchor protocol.
What is Mint Cash?
A BTC-collateralized stablecoin system based on the original Terra Classic codebase
In addition, the goal of Mint Cash is not to bring USTC back to 1, but to launch new projects. To put it simply, your valuation expectations for new projects determine the current price expectations of USTC