World Liberty’s USD1 Stablecoin Loses $401 Million in Market Value
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World Liberty Financial’s USD1 market value fell 9.1%, from $4.43 billion on October 6 to $4.02 billion on Monday. Ethereum and BNB Chain recorded $184.60 million and $200.43 million in net redemptions, respectively, but USD1 held its dollar peg at $0.998–$1.000.
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