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Another 'algorithmic' stablecoin has fallen below its $1 peg — but experts say it's not 'Terra 2.0'
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A controversial stablecoin launched just before the collapse of a similar token called terraUSD is struggling to maintain its peg to the U.S.
dollar. USDD, a so-called «algorithmic» stablecoin that's meant to always be worth $1, plunged to as low as 93 cents on Sunday.
Read more on cnbc.comAbout this in other media
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Record stablecoin market share points to crypto upside: JPMorgan cointelegraph.com /6 days ago
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