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
Related questions
🏅 Top traders
# | Name | Total profit |
---|---|---|
1 | Ṁ75 | |
2 | Ṁ18 | |
3 | Ṁ7 | |
4 | Ṁ7 | |
5 | Ṁ3 |
I'm resolving this market as YES.
At https://coinmarketcap.com/currencies/usd-coin/ 1 year low is $0.8774
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 )