Lido’s market share shrinks as stETH struggles with depegging
Lido’s once-dominant presence in the Ethereum staking market has fallen to a three-year low, with its share declining to 25%.This...
Depegging
Moody’s unveils AI that predicts stablecoin depegging
Moody’s Analytics, the financial services subsidiary of Moody’s, is launching a new artificial intelligence (AI) service to predict the potential...
Tether’s De-Pegging Incident Sparks Concerns Over Stablecoin Stability Amid DeFi Imbalance
Tether’s stablecoin (CRYPTO: USDT) recently encountered a minor de-pegging event due to an imbalance in the Curve 3Pool, a prominent...
Months After De-Pegging Event, USDC Continues to Lag Behind Tether
Reflecting on events like the Terra collapse in the spring of 2022 and the de-pegging of USDC less than a year...
Understanding the Stablecoin Stability and De-Pegging Crisis
Stablecoins are a crucial part of the crypto ecosystem. So when they lose their ‘stability,’ it can cause many things...
Decentralized Exchanges Come as Winners Amidst USDC Depegging
Last week’s collapse of Silicon Valley Bank (SVB) and the subsequent contagion appeared to have worked in favor of the...
How USDC Depegging Almost Caused a Bank Run Across $13.5B DeFi Market
Despite USDC restoring its peg, the crash damaged the DeFi sector. Traders flooded CEXs and DEXs with USDC, in efforts...
USDC depegging makes MakerDAO introduce new mechanism, more inside
MakerDAO has a new proposal to introduce a debt ceiling breaker. MKR has commenced a new bear run. In a...
Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to SVB, USDC Depegging
Meanwhile, Binance is not alone in considering a move into traditional finance; with Kraken has also stating its intentions to...
USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity – Bitcoin News
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity....