Search: "USST depeg"
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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...
Why Stablecoins Like USDE and USST Depegged During the June 2025 Crypto Crash: Risks, Mechanisms, and Lessons for DeFi Users
Stablecoins are designed to be the bedrock of DeFi, offering a digital dollar that’s supposed to remain immune to crypto's notorious volatility. But in June 2025, this illusion was shattered for many users as both USDE and USST experienced...