Gemini dollar's puzzling slide amid soaring competitors raises questions
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Quick Take
- Gemini dollar has lost 80% of its market cap, while its rivals grow to new heights
- It might be tied to rebates
Most stablecoins have enjoyed a big pump since Tether and Bitfinex got entangled in a battle with the New York Attorney General’s office. But there has been one striking exception to this trend. Gemini’s aptly named Gemini dollar, which like other stablecoins aims to mimic the price of one U.S. dollar, has seen its market […]
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