One of the biggest arbitraging opportunities in DeFi - and to make it all more interesting it was all due to a regular bank failing.
Wild to think it's been 3 years since. Were you around and following all the ongoing drama?
Also USDC wasn't the only re-peg opportunity as DAI depegged soon thereafter due to the PSM from Maker having so much USDC backing what was a fully decentralized stablecoin
