Algorithmic Stablecoins Temporarily Lose Pegs as Crypto Markets Crash
Crypto markets have lost roughly 30 percent off of their total market capitalization over the past seven days. As crypto prices continue to tumble, and traders scramble to close their volatile holdings, the stablecoin market is surging: according to CoinTelegraph, the total stablecoin supply has grown by roughly 190% over the past 90 days. However, not all stablecoins are created […]
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