Polygon stablecoin miMATIC continues to depeg, trading at a 14% discount to its $1 peg.
September 23, according to Blockaid monitoring, the stablecoin miMATIC of QiDao Protocol on Polygon is still depegged, currently reported at approximately $0.86, about 14% below its $1 peg. Blockaid stated that as of now, the depegging situation is still ongoing.