Crypto depegs are back — and Binance’s $4.5B USD1 supply chokepoint is setting up another liquidity shock

World Liberty Financial's stablecoin slipped to $0.994 on Feb. 23, a 0.6% deviation that lasted minutes before recovering. For a token backed one-to-one by dollars and government money market funds, with over $5 billion in circulation and the fifth-largest market share among stablecoins, the wobble wasn't supposed to happen. But it did, and the gap […] The post Crypto depegs are back — and Binance’s $4.5B USD1 supply chokepoint is setting up another liquidity shock appeared first on CryptoSlate.