Major stablecoins destabilized as market volatility and redemptions surge By Cointelegraph
November 11, 2022
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Major stablecoins destabilized as market volatility and redemptions surge
Plunging cryptocurrency prices are not the only consequence of this week’s FTX-induced crypto contagion.
Significant market volatility this week induced by the collapse of the FTX exchange has impacted stablecoins with many of them de-pegging temporarily.
Continue Reading on Coin Telegraph
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Major stablecoins destabilized as market volatility and redemptions surge
Plunging cryptocurrency prices are not the only consequence of this week’s FTX-induced crypto contagion.
Significant market volatility this week induced by the collapse of the FTX exchange has impacted stablecoins with many of them de-pegging temporarily.
Continue Reading on Coin Telegraph