Polkadot-based stablecoin – Miami Crypto Coin

Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value

Post author:MiamiCrypto
Post published:August 14, 2022
Post category:$0.01165 1.2 billion AUSD Acala Network ACALA protocol AUSD DAI depeg depegging Honzon protocol iBTC/AUSD pool losing parity MIM Misconfiguration News Polkadot Polkadot-based stablecoin Stablecoin Stablecoins USD parity USDC USDN USDT UST USTC

2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd…