So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.
from CoinDesk https://ift.tt/3fRoTsK
First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins
August 12, 2020 / in CoinDesk, Coins Feeds / with No comments /
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