Usual protocol’s depeg spurs instability in DeFi markets

blockworks.co/news/usual-depeg-spurs-defi-instability

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Usual protocol, the shiny new stablecoin on the block, is seeing its USD0++ “stablecoin” (a popular misconception) lose parity with USD0 as of 17 hours ago. It’s now trading at about $0.92.
But of course,…

This story appeared on blockworks.co, 2025-01-10 18:00:00.
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