Acala Stablecoin aUSD No Longer Stable as it Loses Peg
Acala’s stablecoin aUSD, the “decentralized stablecoin of Polkadot” has lost its stablecoin status as it has depegged from the US dollar – now trading at around $0.85 but having dropped to almost $0.50. In a series of Tweets, Acala claimed the fall in value was… Read More
Read more in: Blockchain & Digital Assets | Tagged acala, defi, martin hiesboeck, polkadot, uphold