Stable coin is starting to fall

Looks like a bank that was held in bunches of Crypto Currency has failed, leading to a fall in what is known as the stable coin. Note that I’m not a Crypto Currency expert in any means, but because of the failure of the specific bank, the stable coin has fallen to under a dollar yet again.

I found this interesting, as we know that bunches ofpeople have contacted me and others to get us to invest in some kind of currency. I’m definitely not going to invest anything, even though I could technicly do that now, I think we’re becoming unstable again and we’ll see if this causes the prices of coin to drop.

The article titled Stablecoin USDC breaks dollar peg after revealing $3.3 billion Silicon Valley Bank exposure has all of the complete details for those who need to know about this.

My goal is to pass along details for those who may not get the news. I found it interesting to read, maybe you will too.

Thanks for reading!