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Debtors saved over $100M using de-pegged stablecoins to repay loans

Category: News
13 March 2023

Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar.

Content Original Link:

https://cointelegraph.com/news/debtors-saved-over-100m-using-de-pegged-stablecoins-to-repay-loans

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Algo Capital is a crypto-native asset management company, founded to ride the revolution of digital technologies.

A new generation of digital hedge fund, focused on blockchain fundamentals, that offers a unique proposition at the intersection of Traditional and Liquid Venture Capital, diversified digital assets Opportunistic Trading and cash flow yielding Infrastructure and  Private Equity.

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