Yield-Bearing Stablecoins Witness a Stampede for the Exits After 3 Tokens Collapse 

Yield-Bearing Stablecoins Witness a Stampede for the Exits After 3 Tokens Collapse The $20.43 billion yield-bearing stablecoin sector slipped massively this week, according to stablewatch.io, as several synthetic and algorithmic stablecoins suffered heavy outflows and severe depegs. The turmoil centered around the yield-bearing stablecoins deUSD, XUSD, and USDX, all of which collapsed from their dollar pegs in a matter of days. Massive Outflows Hit Leading Yield-Bearing Tokens […]

Source: https://news.bitcoin.com/yield-bearing-stablecoins-witness-a-stampede-for-the-exits-after-3-tokens-collapse/