Will USDC be >= 0.8 USD all time till end of March 2023
8
30
190
resolved Apr 1
Resolved
YES

This market resolves "NO" if USDC price gets lower than 0.8 USD on any day in March 2023. If there is no moment in March 2023 when USDC is lower than 0.8 USD then it is closed as "YES"

I will use the data from https://coinmarketcap.com/currencies/usd-coin/

Mar 11, 2:21pm: Will USDC be >= 0.8 USD till end of March 2023 → Will USDC be >= 0.8 USD all time till end of March 2023

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predicted YES

I'm resolving this market as YES.

At https://coinmarketcap.com/currencies/usd-coin/ 1 year low is $0.8774

predicted YES

I will check the data and make the resolution after this market closes (the close will happen in around 10 hours).

predicted YES
bought Ṁ30 of YES

And I would like to mention this comment

https://manifold.markets/BoltonBailey/will-usdc-depeg-before-may-9-2023#KBMwYj7JSXIlu7auM0UY

So there are 2 statements "$40 billion reserves", "$3.3 billion in Silicon Valley Bank". Using only math the price should not drop more than 8.25% ( 3.3/40 * 100 )