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The minor various stablecoin, which has an $11 million market cap, dropped from its regular value of $0.97 to as little as $0.39 Monday after a shakeup in ibEUR’s predominant buying and selling pool left the asset’s markets imbalanced. At press time ibEUR had recovered to $0.72 after risk-prone merchants piled in, hoping for a path again to – or a minimum of nearer to – its supposed Euro peg.
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