Blast-incubated stablecoin USDB briefly loses peg amid market turmoil

Denis Omelchenko

Decentralized stablecoin USDB, backed by DAI, has temporarily lost its peg to the U.S. dollar, dropping 6% in value. USDB, a decentralized stablecoin, has come under heavy pressure as its price in a moment dropped by as much as 6%…

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Blast-incubated stablecoin USDB briefly loses peg amid market turmoil