We are having an interesting time. After UST completely collapsed, lawUSD and sBUSD have fallen very sharply and now finally flexUSD has also come under pressure. Actually, flexUSD is USDC pegged and can be exchanged 1:1 against USDC on Coinflex. The only problem is that Coinflex has suspended the withdrawal for at least a week. Everyone who has funds on Coinflex must now hope that Coinflex resumes its normal work soon and everything stabilises again.
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