A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%

In an ambitious announcement, a new cryptocurrency project pledged to revolutionize the concept of stablecoins, aiming to introduce innovative mechanisms that would enhance their stability and utility in the digital economy. However, shortly after the project's launch, the value of its dedicated token plummeted by a staggering 90%, raising questions about its viability, investor confidence, and the feasibility of its transformative vision in a rapidly evolving market. source: https://www.coindesk.com/markets/2025/11/26/a-new-crypto-project-vowed-to-transform-stablecoins-then-its-token-crashed-90