Wu learned that, according to GeckoTerminal data, the native stablecoin NOTE of Canto, a Layer 1 blockchain based on Cosmos, experienced a severe decoupling to below $0.6 today. It has now recovered to around $0.96, but still faces liquidation risks. According to KOL Colin Platt

CANTO

ATOM

<div>Wu learned that, according to GeckoTerminal data, the native stablecoin NOTE of Canto, a Cosmos-based L1 blockchain, experienced a drastic decoupling to below $0.6 today, and has now recovered to around $0.96, but still faces liquidation risks. According to KOL Colin Platt</div>

Stablecoins recover after severe decoupling but still face risks.