The recent news related to Silicon Valley Bank has resulted in USDC, and certain other stablecoins, losing their peg to USD acro
12 Mar 2023, 20:21
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The recent news related to Silicon Valley Bank has resulted in USDC, and certain other stablecoins, losing their peg to USD across centralized and on-chain exchanges.
Protocol spreads for a de-pegged stablecoin went into effect on GMX, once asset prices deviated by >1.0%.