Stablecoin Depegs Explained: What Really Happens When a Digital Dollar Breaks the Buck
Covered by 1 source · 1 article
Stablecoins promise a constant $1, yet USDC has traded at $0.87, Tether’s USDT at $0.88, and Terra’s UST collapsed to virtually zero in a crash that erased roughly $40 billion. As recently as November 2025, a DeFi stablecoin called xUSD los…
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