Large cap stablecoins depegged 600+ times in 2023: Moody’s

In total, more than 1,910 depegs have occurred on the stablecoin market as of September 2023, analysts at Moody’s say. Lage cap fiat-backed stablecoins have depegged 609 times up to mid-September 2023 due to several macro and coin-specific factors. According…