The trail from failure to redemption sheds a lightweight on the wonky tokenomics that underpin mixed-asset stablecoins, which try to carry their greenback peg by collateral that is not at all times, nicely, a greenback. These constructions can have upside in good instances however can go south in a rush throughout a liquidity crunch.
Tangible’s USDR Stablecoin Charts Path to Restoration
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