Tag: Repeg

Crashed Stablecoin Iron Bank Euro (ibEUR) Lacks Clear Repeg Path

Crashed Stablecoin Iron Bank Euro (ibEUR) Lacks Clear Repeg Path

The minor alternative stablecoin, which has an $11 million market cap, dropped from its normal price of $0.97 to as low as $0.39 Monday after a shakeu [...]
On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg

On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg

Trading firms were quick to jump on the USDC long trade over the weekend as the stablecoin slumped to $0.88 amid banking concerns in the U.S. www.coi [...]
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