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Crypto News => Crypto News Channel => Topic started by: Administrator on June 26, 2026, 05:55:52 AM

Title: Abracadabra takes emergency action as MIM stablecoin depeg worsens
Post by: Administrator on June 26, 2026, 05:55:52 AM

Abracadabra takes emergency action as MIM stablecoin depeg worsens

The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply.
Source: Abracadabra takes emergency action as MIM stablecoin depeg worsens (https://cointelegraph.com/news/abracadabra-takes-emergency-measures-as-magic-internet-money-depeg-worsens?utm_source=rss&utm_medium=rss&utm_campaign=rss)