'Stablecoins Are Not Pegged to $1. Period,' Says NYDIG After $500B Market Drawdown

NYDIG is calling time on what it says is one of crypto’s most persistent myths: that stablecoins are pegged to the U.S. dollar. In a post-mortem on last week’s $500 billion crypto market sell-off, the bitcoin-focused financial services firm’s Global ... [1471 chars]