Circle’s USDC instability causes domino effect on DAI, USDD stablecoins

Dato · 03-12-2023, 09:24 AM

Circle’s USDC instability causes domino effect on DAI, USDD stablecoins

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvNThhNjQ1YjgtYjhhOS00YjNiLWJmZWEtMzlkYWE4MDExNmE4LmpwZw==.jpg"></p><p>Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.</p>

https://cointelegraph.com/news/circle-s-...tablecoins

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