Moody’s reports 600 stablecoin depegs in 2023
Moody’s research shows that the stablecoin industry is struggling almost as much as it did in 2022, with hundreds of depegs this year.
Moody’s research shows that the stablecoin industry is struggling almost as much as it did in 2022, with hundreds of depegs this year.
Justin Sun’s stablecoin USDD has been unable to maintain a price of $1.00 ever since FTX and Alameda went bankrupt. What’s the deal?
Tether has never been in a better place than it is right now, at least in the US. But in China, it’s a very different story.
Tether isn’t just the world’s largest stablecoin; it’s a massive investment firm with investments across countless verticals.
DeFi platform Stream Finance has halted deposits and withdrawals in response to the loss of $93M of “Stream fund assets.”