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OPERATION

#DoYouKnowYourSeedPhrase
#KnowYourSeedPhraseToKeepItSafe
#DYORisAnEyeOpenerDoIt.
#2FAcouldBeYourSavingGraceDoIt.

RANDOM FACT

On March 13, 2023, the stablecoin USD Coin (USDC) regained its $1 peg after a dramatic weekend when it briefly dropped to about $0.87. The panic started because its issuer, Circle Internet Financial, revealed that $3.3 billion of USDC reserves were stuck in the collapsed Silicon Valley Bank.

⚡ Why it’s interesting:

* The depeg lasted less than 48 hours, showing how fast arbitrage and market confidence can restore stablecoins.
* During the chaos, DeFi exchanges like Uniswap saw record trading volumes (~$12B in a day) as traders rushed to swap stablecoins

💡 Takeaway:
This moment became one of the biggest real-world stress tests for stablecoins, proving that even “stable” assets can wobble when traditional banking infrastructure fails.

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