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Abracadabra raises interest rates as MIM stablecoin depeg worsens

By Telemac

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Abracadabra’s rate hike to combat MIM’s depeg highlights DeFi’s vulnerability to liquidity crises, impacting investor confidence and market stability. Abracadabra raises interest rates as MIM stablecoin depeg worsens.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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