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3232Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value
https://www.digit.info/another-stablecoin-depegs-from-usd-parity-polkadot-based-ausd-loses-98-in-value/
Sun, 14 Aug 2022 20:30:13 +0000https://www.digit.info/2022/08/14/another-stablecoin-depegs-from-usd-parity-polkadot-based-ausd-loses-98-in-value/Read more]]>2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later. Reports say that the Acala protocol was […]
2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later. Reports say that the Acala protocol was […]