Although USDC experienced a temporary depeg earlier this month, an overwhelming majority of the MakerDAO have chosen to retain their faith in the world’s second-largest stablecoin, dismissing any other viable options. 

In a poll on March 20, the MakerDAO strongly rejected the proposal, with 79.02% voting to “Maintain USDC as the Primary Reserve” as against the mere 20% that voted in favor of diversification.