Circle's USDC instability causes domino effect on DAI and USDD stablecoins
Following the USDC unpeg, three stablecoins - DAI, USDD and FRAX - were also removed from the dollar.
![Circle USDC instability causes effect domino on DAI, USDD stablecoins](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/58a645b8-b8a9-4b3b-bfea-39daa80116a8.jpg)
![Circle's USDC instability causes domino effect on DAI and USDD stablecoins](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvNThhNjQ1YjgtYjhhOS00YjNiLWJmZWEtMzlkYWE4MDExNmE4LmpwZw==.jpg?#)
Following the USDC unpeg, three stablecoins - DAI, USDD and FRAX - were also removed from the dollar.
![Circle USDC instability causes effect domino on DAI, USDD stablecoins](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/58a645b8-b8a9-4b3b-bfea-39daa80116a8.jpg)
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