Hackernoon
4 years agoCryptocurrency
US Dollar-Pegged "USDN" (US Deez Nuts) Promises To Penetrate Volatile Market, Fails Spectacularly | HackerNoon
The launch of USDN, a meme-based stablecoin, leads to disastrous results when its value collapses after a failed premise.
Investors were misled by the notion of a stablecoin pegged to "vibes" rather than a reliable asset. [ more ]