Depeg

USDC momentarily trades at $0.74 (Piret Ilver/Unsplash)
USDC Stablecoin Momentarily Depegs to $0.74 on Binance
The stablecoin immediately snapped back to its $1 peg on Binance.
USDC momentarily trades at $0.74 (Piret Ilver/Unsplash)

Car crash narrow road wedged (Unsplash)
Crashed Stablecoin Iron Bank Euro (ibEUR) Lacks Fast Repeg Path
The not-so-stablecoin fell in value Monday after a single trader pulled much of the USDC that kept its Curve pool balanced.
Car crash narrow road wedged (Unsplash)

Binance halted trading with the AEUR-USDT pair one day after listing (Binance)
Tiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to 'Abnormal Volatility'
The AEUR-USDT trading pair hit a $3.25 high Tuesday afternoon before Binance suspended trading with the token.
Binance halted trading with the AEUR-USDT pair one day after listing (Binance)

(Sammie Chaffin/Unsplash, modified by CoinDesk)
Can Stablecoins Get Past Their Instability?
Moody's Head of DeFi Rajeev Bamra considers the role stablecoins play cryptocurrency markets, and the risks posed by "depegging" events.
(Sammie Chaffin/Unsplash, modified by CoinDesk)

USDC's depeg. (Cryptowatch)
On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg
One wallet made $16.5 million in a day trading tether for USD coin and DAI.
USDC's depeg. (Cryptowatch)

Alameda-Linked Wallet Sent $100M in Stablecoins to Crypto Trading Firms After USDC Depeg
Alameda-Linked Wallet Sent $100M in Stablecoins to Crypto Trading Firms After USDC Depeg
A wallet linked to the liquidators of the Alameda Research estate sent $100 million in stablecoins to crypto trading firms over the weekend. Over $47 million worth of USD coin...
Alameda-Linked Wallet Sent $100M in Stablecoins to Crypto Trading Firms After USDC Depeg