MUFEX, the decentralized exchange (DEX) founded by industry veterans, is making waves in the DeFi space by providing a trading experience that closely resembles centralized exchanges (CEX) while leveraging the benefits of decentralization. With lightning-fast order processing and a diverse range of order types, MUFEX is rapidly emerging as the go-to platform for CEX users seeking a seamless transition to decentralized trading. MUFEX's professional yet easy-to-use interface sets it apart from other DEX platforms. It introduces innovative features such as…
Parity
What Happens When a Stablecoin Loses Its Parity (Depegging)?
Have you heard of stablecoins, the digital currencies designed to maintain a stable value? Stablecoins have become increasingly popular, and many people consider them an attractive investment option. But what happens if a stablecoin loses its parity, and how does it impact investors? Understanding the General Concept of Stablecoins Before discussing a stablecoin losing its parity, we first need to grasp how these tokens work. Stablecoins are cryptocurrencies tied to fiat currencies like the U.S. Dollar or Euro. This means…
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