USDT Price at the time of writing – $1.00 USDD additionally fell to as little as $0.91 in June It regained its value peg after $700 million of USDC was added The International Monetary Fund (IMF...
Tag: NonCash
Pain ahead for algorithmic and non-cash backed stablecoins — IMF director
The International Monetary Fund’s (IMF) director of capital markets believes there could be further failures of “coin offerings,” including algorithmic stablecoins amid the ongoing crypto winter. In t...