MakerDAO May Sell USDC Reserves In Favor Of ETH

Rune Christensen, the co-founder of MakerDAO, said that the DAI stablecoin could drop its peg to the US dollar, removing all the risks of working with USDC. According to daistats, the DAI stablecoin is now 60% backed by USDC (estimated to be worth $3.5 billion).