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...