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Large Cap Fiat-Backed Stablecoins Depegged Over 600 Times in 2023: Moody’s Analytics

A recent Moody's Analytics report states there have been more than 600 de-pegs among large-cap fiat-backed stablecoins this year. Moody's Analytics Senior Director and Product Manager Yiannis Giokas discusses the findings as part of a wider conversation on the state of stablecoins. Plus, a closer look at Moody’s Analytics Digital Asset Monitor.

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