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HomeEconomies & FinanceCompaniesA ‘stable’ coin lost its peg over the weekend and pledged $1.5...

A ‘stable’ coin lost its peg over the weekend and pledged $1.5 billion in Bitcoin trying to stabilize. Here’s how the algorithmic stablecoin was supposed to work—and didn’t



The algorithmic stablecoin UST lost its peg to the U.S. dollar, here’s how it should usually work | Fortune


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