How and why do stablecoins depeg?
Discover the causes and mechanisms behind stablecoin depegging.
Discover the causes and mechanisms behind stablecoin depegging.
On this week’s episode of The Market Report, Cointelegraph’s resident experts explain what is going on with banks collapsing, stablecoins depegging and what you should…
The depegging of the USDC stablecoin has affected other stablecoins, which in turn wreaked havoc on crypto projects and stakeholders in a massive chain reaction.
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the dollar.
Did the depegging reveal stablecoins’ limitations, or was it a learning moment?
The USD Coin depeg led the DeFi protocol to experience a record-breaking daily trading volume as crypto whales fight for assets.
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