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Home»Market»Aave’s GHO Stablecoin Nears Elusive Dollar Peg
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Aave’s GHO Stablecoin Nears Elusive Dollar Peg

November 29, 2023No Comments1 Min Read
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The asset, which has been valued at less than $1.00 for nearly all of its life, gained ground this week and rallied to $0.985 for the first time since August. Its volatile gains aren’t doing anything to fix GHO’s reputation as a not-so-stablecoin, but they do set the token close to the levels one might expect from an asset that’s supposed to be worth a dollar – not $0.96.

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See also  MicroStrategy (MSTR) Boosts Bitcoin (BTC) Holdings with $460M Purchase, Upsized Convertible Note Offering to $1B
AAVEs Dollar elusive GHO Nears Peg Stablecoin
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