Tag: Peg
Impact of TrueUSD’s Peg Loss: Which Cryptos are at Risk?
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Polygon-Based Stablecoin Lost Its Peg: Its Price Dropped by 50 Percent!
Polygon-based stablecoin Real USD (USDR) saw its value drop to around $0.51 in a matter of hours. The use of the DAI in his treasury in redemption played a major…
This Binance-Backed Altcoin Loses Its ‘Peg’!
An interesting development has been for TrueUSD (TUSD), a well-established altcoin/stablecoin in the cryptocurrency market. Surprisingly, the Binance-backed coin experienced a de-peg from its peg to the US dollar. This…
Hundreds of Thousands of Dollars in USDC Transactions From Ethereum Founder: Will Peg Fix?
Ethereum (ETH) co-founder Vitalik Buterin’s transactions after USD Coin (USDC) lost stability. The second largest stablecoin in the cryptocurrency market, after the bankruptcy of Silicon Valley Bank (SVB), one of…
These 3 Altcoins On Binance Lose Their Peg With ‘SVB Sinking’! – Cryptokoin.com
The Silicon Valley Bank (SVB) collapse has negatively impacted many altcoin projects. While the markets are dragged into panic, everything is shaking again with a domino effect. The latest data…
Popular Altcoin Loses Its Dollar Peg! What’s going on? – Cryptokoin.com
USDC, one of the popular altcoin projects, temporarily lost its peg at 1 dollar. On the other hand, Jeremy Allaire, CEO of USDC issuing company Circle, made various statements. Here…
New LUNA Case? This Altcoin Has Lost Its Peg! – Cryptokoin.com
Launched earlier this week, Cardano’s new stablecoin soon lost its peg peg. The fact that it uses an algorithmic mechanism like the LUNA raises concerns. Stablecoin Djed spooked by LUNA-like…
New LUNA Case? These Altcoins Have Lost Their Peg! – Cryptokoin.com
The stablecoin of the Terra (LUNA) ecosystem, UST, lost its peg and plunged the ecosystem into collapse, one of the events that marked the year we are leaving behind. The…
Loss of LUNA-Like Peg! – Cryptokoin.com
In the altcoin market, stablecoins continue to come to the fore as they lose their stability. Most recently, a similar danger emerged for USDD. The concern in USDD, a stablecoin…
This Altcoin Has Lost Its Peg! – Cryptokoin.com
The Tron network launched the stablecoin project USDD as an “overcollateralized stablecoin” in April 2022. It means it should be less likely to drop below $1 due to the excess…
This Altcoin Has Lost Its Peg! – Cryptokoin.com
Although the CEOs of the exchange, CZ and SBF, made friendly statements, investors prefer to sell. Amid the conflict between FTX and Binance, another stablecoin has lost its dollar stability.…