Stablecoins promise a constant $1, yet USDC has traded at $0.87, Tether’s USDT at $0.88, and Terra’s UST collapsed to virtually zero in a crash that erased roughly $40 billion. As recently as November 2025, a DeFi stablecoin called xUSD lost more than half its value in a single day. The Peg Is a Promise, […]
Source: https://news.bitcoin.com/learning-insights/stablecoin-depegs-explained/
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