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CoinGape 2023-11-06 21:03:33

Moody’s Report Reveals 609 Depegs in 2023 for Top Stablecoins

In a recent report by Moody’s Analytics, an unsettling pattern emerges within the cryptocurrency landscape. Throughout 2023, large-cap stablecoins, boasting a market valuation exceeding $10 billion, have depegged a staggering 609 times. This figure, alarmingly close to the 707 incidents reported in 2022, casts a shadow on the perceived stability of these digital assets. Large The post Moody’s Report Reveals 609 Depegs in 2023 for Top Stablecoins appeared first on CoinGape .

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