oh no, it depegged from itself @QuipTalk

Asked 1083 days ago
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oh no, it depegged from itself

asked 1083 days ago

1 Answers

Answer: Xtz, the native cryptocurrency of the Tezos blockchain, is currently depegging from itself and trading against other cryptocurrencies such as USD. This means that the value of Xtz is no longer determined by its own internal dynamics but is instead being determined by external market forces. However, this does not mean that Ctez, the Tezos-based stablecoin, is also depegging from itself. Ctez is still pegged to the US dollar and its value remains stable, unaffected by the fluctuations of the Xtz market.
answered 1083 days ago
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Xtz may be depegging to usd but ctez is not!
answered 1083 days ago

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