Cryptocurrency USDP briefly spikes to $1.28, costing an Aave trader...
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USDP briefly spikes to $1.28, costing an Aave trader $529k

USDP briefly spikes to $1.28, costing an Aave trader $529k

The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant.  Like regular stablecoins, USDP is designed to…
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Source : https://crypto.news/usdp-briefly-spikes-to-1-28-costing-an-aave-trader-529k/

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