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Algorithmic Stablecoin USDN Falls From Dollar Peg as Liquidity Slumps

The stablecoin is currently trading at 91 cents as speculation mounts over its sustainability.

Updated May 11, 2023, 6:48 p.m. Published Aug 26, 2022, 8:05 a.m.
Algorithmic stablecoin USDN fell from its peg. (Tim Marshall/Unsplash)
Algorithmic stablecoin USDN fell from its peg. (Tim Marshall/Unsplash)