Waves-backed stablecoin USDN breaks peg again amid protocol upgrade
Algorithmic stablecoin USDN fell to $0.90, marking the fourth time that it failed to defend its dollar peg in 2022. As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents like the Terra crash, another algorithmic stablecoin shows signs of struggle as it falls below…
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