Stablecoin depeg refers to a situation in which a stablecoin moves away from its intended fixed value, such as the US dollar, euro, or gold. It can happen due to liquidity stress, reserve concerns, redemption issues, or weaknesses in the mechanism designed to keep the price stable.

Explore the key differences between Polkadot and Chainlink in our comprehensive comparison, highlighting their unique features, use cases, and technologies.

Blockchain bridges, or cross-chain bridges, provide interoperability solutions in the blockchain ecosystem. They enable the transfer of assets, data, and smart contract instructions between two distinct blockchain networks, which may operate under different rules, consensus mechanisms, and governance models.