Is USDC Really Backed by Real Dollars? A Case Study of Trust, Reserves, and Redemption Risk

https://www.bookmark-help.win/that-moment-a-stablecoin-held-1-00-how-i-learned-to-protect-gambling-profits-from-bitcoin-volatility-took-me-three-crashes

How a $45 Billion Stablecoin Became the Market's Litmus Test In the spring of 2023, a single bank failure turned the theoretical into a live stress test