Synthetix's stablecoin, sUSD, dipped below its usual $1 peg

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Synthetix's stablecoin, sUSD, dipped below its usual $1 peg yesterday, hitting a low of $0.92. This seems to be because of some selling pressure on DEXs. The good news? It bounced back and is now trading around $0.96. 😤 What about other stablecoins?😖👇 Don't worry, the big boys like #USDT , $USDC , DAI, $FDUSD , and even $ENA 's USDe are all holding strong at their $1 peg. 💪 So, what happened with sUSD? Apparently, a big liquidity provider pulled out of a pool on Curve (a platform for swapping crypto). This caused a temporary wobble, but things seem to be back on track now. DYOR!! Invest Responsibly. #Stablecoins #ENA

Synthetix's stablecoin, sUSD, dipped below its usual $1 peg yesterday, hitting a low of $0.92. This seems to be because of some selling pressure on DEXs. The good news? It bounced back and is now trading around $0.96. 😤
What about other stablecoins?😖👇
Don't worry, the big boys like #USDT , $USDC , DAI, $FDUSD , and even $ENA 's USDe are all holding strong at their $1 peg. 💪
So, what happened with sUSD?
Apparently, a big liquidity provider pulled out of a pool on Curve (a platform for swapping crypto). This caused a temporary wobble, but things seem to be back on track now.
DYOR!! Invest Responsibly. #Stablecoins #ENA 