depegging

The team behind First Digital USD (CRYPTO: FDUSD) addressed concerns regarding financial stability Wednesday after the dollar-backed stablecoin briefly depegged following allegations of insolvency by cryptocurrency entrepreneur Justin Sun. What Happened: First Digital confirmed that it has...

Tether's stablecoin (CRYPTO: USDT) has experienced a slight de-pegging as the Curve 3Pool, a prominent decentralized finance pool for stablecoin trading, has become heavily imbalanced. The ideal balance of the Curve 3Pool should be evenly distributed among its three stablecoins, USDT...