I don’t see the price fluctuations in upusd but right on the uphold app I see fluctuating prices in DAI and tether. Both are currently valued over a dollar on the app. If those ever drop below a dollar on the app I am going to buy them and sell back at a dollar or just over a dollar. I will let you know if I am successful in the arbitrage. Upusd does not fluctuate. It has always been a dollar on uphold.
We are getting a small rally in xrp just before the strike price. Let’s hope it doesn’t blast off seconds after the strike price.
Also you paid a small premium on upusd because you got it “commission free”. You paid a little more but like you said they will buy it back at $1.
I do thing with tether and DAI you can buy for less than $1 and sell for more than $1. Super small spreads but if you transact with a 500 dollar visa debit card they will process it commission free.
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