During a stress test, a large sell-off of the stablecoin USD0 caused its value to briefly drop to $0.99 before returning to $1 with minor deviations. The sell-off raised concerns about the stability of the USD0 peg, but the Usual Protocol team stated that their infrastructure and model remained robust. They also noted that USD0 provides higher stability compared to other stablecoins like FDUSD, PYUSD, or USDe.
- Content Editor ( en.bitcoinsistemi.com )
- 2025-01-01
Surprise Stablecoin Temporarily Loses Its $1 Stablecoin Stability as a Single Whale Makes a Massive Sale