The recent $500 billion crypto market sell-off revealed the instability of stablecoins, with prices fluctuating even for stablecoins.
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]