Whale Activity Causes Brief Dip in USD0, Stability Quickly Restored
On January 1st at 7:00 UTC, USD0 faced an unexpected stress test when a whale's large-scale transaction caused a temporary dip in its price. The sudden market movement triggered a brief drop to $0.99, raising concerns about its stability.
However, USD0 demonstrated its resilience, quickly recovering to $1 within seconds, even as continuous selling caused slight basis point fluctuations. By the end of the day, the stable coin fully returned to its anchored value, showcasing the strength of its design.
Compared to similar stable coins like FDUSD, PYUSD, and USDe—which often struggle to maintain their $1 peg—USD0 remains a standout. Today’s rare stress test once again proved its reliability and robustness in dynamic market conditions.