The post S&P Report Reveals Unstable Ground Beneath Stablecoins USDC & DAI appeared first on Coinpedia Fintech News
A recent report from S&P Global highlighted the unpredictability of what are supposed to be the digital currency world’s safe havens — stablecoins. Analysts Dr. Cristina Polizu, Anoop Garg, and Miguel de la Mata unveiled findings that show USD Coin (USDC) and Multi-Collateral Dai (DAI) experiencing significant depegging events, a phenomena where these coins deviate …
