Abracadabra Acts Quickly as MIM Stablecoin Depeg Intensifies
Abracadabra takes emergency action as MIM stablecoin depeg worsens to $0.8232 amid growing liquidity concerns in June 2026.
About the author
Marcus Webb
Chief Macro Economist
Chief Macro Economist covering Federal Reserve policy, treasury markets, and global macroeconomic trends. Former Federal Reserve researcher and economist at Goldman Sachs Global Investment Research. PhD in Economics from MIT. Fifteen years of experience analyzing monetary policy impacts on financial markets.
- Beat:
- Federal Reserve · Interest rates · Treasury markets · Global macro · Currency policy
- Education:
- MIT · PhD Economics
- Certifications:
- PhD, CMT
- Memberships:
- American Economic Association · NABE
Editorial standards. Marcus Webb covers regulated and unregulated financial products. All articles are fact-checked against named sources and verified against on-chain or filings data where applicable. DMC editorial standards prohibit reporters from trading securities they actively cover. See our editorial guidelines, methodology, and corrections policy. Spot an error? [email protected].
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