The recent $500 billion crypto market sell-off revealed the instability of stablecoins, with prices fluctuating even for stablecoins.
NYDIG is calling time on what it says is one of crypto’s most persistent myths: that stablecoins are pegged to the U.S. dollar.
In a post-mortem on last week’s $500 billion crypto market sell-off, the bitcoin-focused financial services firm’s Global … [1471 chars]
Source: CoinDesk | Published: 2025-10-19T14:00:00Z
Credit: CoinDesk
