A detailed introduction to a specific stablecoin USDCUSDC is a fiat-backed stablecoin; this means that under each token in circulation somewhere in a safe place there must be one real dollar (in the form of a security or cash in a bank). On March 10, it suddenly became clear that for about 7% of the USDC reserves in the bank is bankrupt. Panicked, they began to massively drain their USDC reserves - which led to a depeg (decoupling of quotes from $1) by about 10-12%. Depeg (decoupling of quote...