Crashed Stablecoin Iron Bank Euro (ibEUR) Lacks Clear Repeg Path

has no immediate path back to its stablecoin peg after falling as much as 60% in value early Monday, according to public statements from people close to the project. The minor alternative stablecoin, which has an $11 million market cap, dropped from its normal price of $0.97 to as low as $0.39…#euro #treasury #networktelegram #usdc #ironbank

Source: Reuters: Health - December 19, 2023 Category: Consumer Health News Source Type: news