Stablecoins Depegging. TrueUSD (TUSD) briefly depegged on Nov 22, dropping to $0. 9976 before restoring to $1.
28 Nov 2023, 17:01
Stablecoins Depegging 🪝
TrueUSD (TUSD) briefly depegged on Nov 22, dropping to $0.9976 before restoring to $1. The depeg was triggered by large sell orders. Earlier in May, it rose to $1.20 due to a farming pool activity.
$USDC and $DAI also had similar experiences this year.…