Source: TheMerkle.com
This morning, USDB, the stablecoin launched by Blast, experienced significant volatility, dropping over 5% to a low of $0.9421 before rebounding to approximately $0.9945.
USDB Drama: Lessons from the Depeg
USDB, the stablecoin launched by Blast, took a dive this morning, slipping over 5% to $0.9421 before bouncing back to around $0.9945.
For those holding USDB, remember: no stablecoin is entirely risk-free, especially when pegged to other assets… pic.twitter.com/8MDw2DgV5U
— Crypto Town
Read More https://themerkle.com/usdb-stablecoin-experiences-volatility-emphasizing-need-for-diversification/
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Source: TheMerkle.com
