Explainer: what happens when a stablecoin loses its peg
A stablecoin is designed to hold a steady value, usually one US dollar. That target is called the peg. The mechanism that keeps the peg depends on the design: fiat-backed…
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A stablecoin is designed to hold a steady value, usually one US dollar. That target is called the peg. The mechanism that keeps the peg depends on the design: fiat-backed…