The USDC Depeg Implications on DeFi: Two Paths Forward.

Exploring the implications of USDC's depeg and the potential paths forward for DeFi

The USDC depeg has raised significant concerns and questions about the future of DeFi.

As the DeFi ecosystem heavily relies on USDC, it's crucial to evaluate potential solutions moving forward.

We have two paths for the DeFi community: rebranding as "on-chain finance" or embracing full decentralization.

Here’s what I mean.