Stablecoins promise a constant $1, yet USDC has traded at $0.87, Tethers USDT at $0.88, and Terras UST collapsed to virtually zero in a crash that erased roughly $40 billion. As recently as November 2025, a DeFi stablecoin called xUSD lost more than half its value in a single day. The Peg Is a Promise, []
Stablecoin Depegs Explained: What Really Happens When a Digital Dollar Breaks the Buck
Bitcoin.com - 23 Aug 2026 11:30
Stablecoins promise a constant $1, yet USDC has traded at $0.87, Tethers USDT at $0.88, and Terras UST collapsed to virtually zero in a crash that erased roughly $40 billion. As recently as November 2025, a DeFi stablecoin called xUSD lost more than half its value in a single day. The Peg Is a Promise, []
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