USTC’s ticker is not a one-dollar valuation.
$USTC appeared in Binance’s Community Focus list, but USTC/USDT traded near 0.00502 at 10:00 UTC on October 18. Reaching 1 USDT from that price would require roughly a 199-fold increase—about 19,820%.
The pair traded around 2.35 million USDT over 24 hours. Attention and trading activity do not establish a dollar peg. Treat “back to one dollar” as a huge price assumption, not a default destination.
#RiskCheck
$USTC appeared in Binance’s Community Focus list, but USTC/USDT traded near 0.00502 at 10:00 UTC on October 18. Reaching 1 USDT from that price would require roughly a 199-fold increase—about 19,820%.
The pair traded around 2.35 million USDT over 24 hours. Attention and trading activity do not establish a dollar peg. Treat “back to one dollar” as a huge price assumption, not a default destination.
#RiskCheck