Stable coins is once of the shining and trending cryptocurrency at the moments as it's paving way got the institutional investors or exit the volatile crypto currency market by conveting thier cryptocurrency assesta to a stable asset like FUSD.
FDUSD depegs to $0.982, down 1.7% (bit recovered from $0.94)! This is the exact scenario why it was built for, mitigating bank runs and stabilizing markets but failed abit because of FUD Being spread by Justin Sun ceo of tron about FUSD being insolvent, which made many traders to panic and deppeged the stable coin from its USD PEG.