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A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%

A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%

2025-11-26

The stablecoin infrastructure hopeful is trading nearly 90% below its early peak, with thin usage, supply pressure and sparse communication fueling uncertainty about whether the sell-off has truly run its course.

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