Upbit-Listed JPYC Stablecoin Surges 3x on Liquidity Shortage
Upbit-listed stablecoin JPYC surged to 37.6 won after trading began on the 17th, over three times its intended 1-yen peg value. The yen-pegged stablecoin experienced extreme volatility due to insufficient initial liquidity, as only Ethereum network deposits were supported at launch while buy
CryptoFrontier·1h ago
