Tether Co-Founder’s Stablecoin USST Depegs Hours After Launch

Tether Co-Founder’s Stablecoin USST Depegs Hours After Launch

The Defiant
The DefiantOct 10, 2025

Summary

The new stablecoin from the STBL protocol fell below its $1 peg shortly after going live, highlighting challenges for liquidity.

Tether Co-Founder’s Stablecoin USST Depegs Hours After Launch

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