The minor different stablecoin, which has an $11 million market cap, dropped from its regular value of $0.97 to as little as $0.39 Monday after a shakeup in ibEUR’s essential buying and selling pool left the asset’s markets imbalanced. At press time ibEUR had recovered to $0.72 after risk-prone merchants piled in, hoping for a path again to – or a minimum of nearer to – its supposed Euro peg.
