STBL’s USST Stablecoin Depeg: What Went Wrong on Launch Day and Lessons for DeFi Risk Management
The launch of STBL’s USST stablecoin was one of the most anticipated events in DeFi for 2025, but within hours of going live on October 10, the stablecoin depegged from its $1 target, trading as low as $0.96 on Curve Finance. As of October...
