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

The not-so-stablecoin fell in value Monday after a single trader pulled much of the USDC that kept its Curve pool balanced.

Updated Mar 8, 2024, 6:56 p.m. Published Dec 19, 2023, 5:42 p.m.
Car crash narrow road wedged (Unsplash)
Car crash narrow road wedged (Unsplash)