[323]

Yes, by creating a synthetic - you short BTC/USDC and long BTC/USD. This will create a USDC/USD synthetic. Both BTC/USDC and BTC/USD can offer up to 100x leverage, so the synthetic USDC will also be up to 100x. Of course, there is a long list of risks in such a trade, and if you need to ask about it it's not for you.

[dmak]

I am curious to read more about the risks, but don't plan to make this trade. Could you share a few points just to give me a direction to dig deeper?

[oarabbus_]

Binance announced today they will have USDC/USDT and other stablecoin trading pairs.

https://www.binance.com/en/support/announcement/binance-adds...

Individuals in many countries (but not the USA) have access to Leverage Trading on Binance.

You could also use any of the following DeFi liquidity pools: https://nomics.com/markets/usdt-tether/usdc-usd-coin/markets

[SilasX]

It seems like the point of that comment to look knowledgeable while providing no actionable information[2] and falsely implying it’s too difficult[1], so I’m guessing no, as that would defeat their seeming objectives in making the comment to begin with.

[1] which it isn’t; here’s what legit attempts at explanation look like: https://news.ycombinator.com/item?id=35113400

https://news.ycombinator.com/item?id=35113126

[2] if it weren’t, it would explained some of the terminology used, since the asker clearly isn’t deep in the business in the first place