List of Stablecoins turning Unstable

Unstable stablecoins

What is a Stablecoin?

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Unstable Stablecoins

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UST

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AUSD

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USDD

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HUSD

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USDN

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Also Read:

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Unstable stablecoins

Unstable stablecoins

What is a Stablecoin?

What is a Stablecoin?

Stablecoin is an algorithmic or fiat pegged cryptocurrency which mimics the value of fiat currency in real time. Its pegged 1:1 mostly to USD

Unstable Stablecoins

Unstable Stablecoins

In the next slides, you'll see the stablecoins that lost the peg in past because of hack or liquidity issues.

UST

UST

UST was the most promised algorithmic stablecoin that lost its LUNA peg and wiped nearly $4b of investment

AUSD

AUSD

AUSD (Acala US Dollar) is a stablecoin used by Polkadot & Kusama chains. It was hacked for $3b & lost peg briefly

USDD

USDD

USDD was an algorithmic stablecoin by Tron that was depegged and now backed by BTC, TRX, USDT, USDC reserves

HUSD

HUSD

HUSD is a stablecoin by Huobi exchange. It lost its peg due to liquidity crunch

USDN

USDN

USDN is a stablecoin by WAVE exchange that lost its dollar peg due to the rumours of Ponzi Scheme by the CEO

Also Read:

Also Read:

1..USDT Stablecoin

1..USDT Stablecoin

2..USDC Stablecoin

2..USDC Stablecoin

3..BUSD Stablecoin

3..BUSD Stablecoin

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