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Stablecoins In Trouble? USDC, DAI, USDD Depeg As SVB Crisis Deepens

source-logo  coingape.com 11 March 2023 04:36, UTC

Crypto News: Dealing with a heavy sell off, the global digital asset market registered a broad recovery on Saturday morning. Bitcoin, Ethereum price jumped by 3% and 5%, respectively. However, the top stablecoins USDC, DAI, USDD witnessed a heavy depegging as the Silicon Valley Bank crisis continues to haunt the crypto market.

coingape.com