No Summary provided as the original text is short
- Stablecoin: A cryptocurrency designed to maintain a fixed value, often by being linked to a fiat currency such as the U.S. dollar.
- Depeg: A loss of a token’s intended fixed exchange rate, often signaling stress in its backing, liquidity, or market confidence.
- USDT: Tether’s U.S. dollar-linked stablecoin, widely used in crypto trading as a quote asset and liquidity instrument.