Blockaid: miMATIC on Polygon continues to depeg, down about 14% from its $1 peg

Odaily reports that according to Blockaid monitoring, QiDao Protocol's stablecoin miMATIC on Polygon is still in a depegged state, currently trading at about $0.86, roughly 14% below its $1 peg. Blockaid stated that as of now, the depeg situation is still ongoing.