menu
Pegging & De-Pegging of Stablecoins: Unfolding the Reason Behind Recent USDC De-pegging
Recently, there has been a lot of talk about stablecoins, particularly the Pegging & De-pegging of Stablecoins or one of the most popular stablecoins, USDC.

Basically, stablecoins are a type of cryptocurrency that aims to maintain a stable value against a pegged asset, such as the US dollar, by backing the token with reserves of the underlying asset. However, stablecoins are not immune to market volatility.

Pegging & De-Pegging of Stablecoins: Unfolding the Reason Behind Recent USDC De-pegging

https://academy.suncrypto.in/pegging-de-pegging-of-stablecoins-unfolding-the-reason-behind-recent-usdc-de-pegging/