Home / NEWS / Top News / Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 30 cents

Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 30 cents

UST, a self-styled stablecoin that’s meant to maintain a $1 peg, was trading at less than 40 cents Wednesday.

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