Will USDC depeg from the US dollar (fall below 0.97 USD) by the end of 2023?
Market Rules
This market will resolve to “Yes” if 1 unit of the USDC (USD Coin) stablecoin de-pegs from the US Dollar — i.e. hits a price of less than 0.97 US dollars per unit of USDC — for at least 12 consecutive hours between April 6th (00:01 UTC) and December 31st, 2023. The 12-hour period of de-pegging must begin before 23:59 UTC on December 31st, 2023 for this market to resolve to "Yes".
The reference source to resolve this market will be Coingecko’s USDC price monitor.
Comments
- joseth25torreon: The truth is I don't understand such English
- Futuur: joseth25torreon Thank you for your feedback. What specifically did you not understand about it? We have just adjusted to description to see if it gets clearer, so please visit the market page once again and let us know if you still have any doubts.