World Liberty Financial’s stablecoin slipped to $0.994 on Feb. 23, a 0.6% deviation that lasted minutes before recovering. For a token backed one-to-one by dollars and government money market funds, with over $5 billion in circulation and the fifth-largest market share among stablecoins, the wobble wasn’t supposed to happen. But it did, and the gap
The post A coordinated attack caused the USD1 peg wobble but one exchange holds 93% supply appeared first on CryptoSlate. CryptoSlate Read More
About The Author
