Stablecoin Depegging
An episode where a stablecoin's secondary market exchange price deviates downward from its target parity with a fiat currency or asset.
Source: Stablecoin Depegging, Financial Intermediary Balance Sheet Constraints, and Liquidity in the U.S. Traditional Money Market (Academic research) · p.2
Have a question about Stablecoin Depegging? Ask the AI, answers cite the source.