The US stock market offers an astonishingly high price for USDC—so high that it completely deviates from the fundamentals.
In 2021, we priced Uni, Aave, and Comp in the same way.
The difference is that the US stock market has always been like 2021, while the crypto market can never return to 2021.
However, it is unexpectedly found that the player base in the US stock market, Hong Kong stock market, and crypto market is essentially similar.
At the same time, the altcoins emphasize again: We are in a bear market, don’t listen to BTC's nonsense.