Samson Mow: STRC is not a stablecoin and should be described using "par" rather than "peg"
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
JAN3 CEO Samson Mow stated that regarding STRC falling below $80, when discussing STRC, par rather than peg should be used. STRC is not a stablecoin and is not pegged; the $100 face value people refer to is the fixed benchmark used for the dividend mechanism, and the actual legal face value is insignificant.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Sources: US-Canada Tariff Negotiations Stalemated
Cointime•2026/08/15 08:31
XRP sentiment weakens, but on-chain activity reaches highest levels in months
币界网•2026/08/15 07:53
Expert Analyst Examines What the Big Whales Are Doing in Bitcoin Right Now
BitcoinSistemi•2026/08/15 07:31
BUILDon targets its 20-day EMA as short liquidations outpace longs
AMBCrypto•2026/08/15 07:03
Crypto prices
More
Bitcoin
BTC
$62,893.67
+0.14%
Ethereum
ETH
$1,875.8
+0.08%
Tether USDt
USDT
$0.9990
+0.01%
USDC
USDC
$0.9999
-0.00%
XRP
XRP
$1
-0.44%
Solana
SOL
$75.03
-0.92%
TRON
TRX
$0.3320
-0.40%
Hyperliquid
HYPE
$56.02
-1.15%
Dogecoin
DOGE
$0.06990
+0.04%
Zcash
ZEC
$488.27
-0.17%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now