It was a wild weekend for stablecoins. USDC depegged from a dollar to as low as $0.88 on Saturday, before bouncing fully back to its dollar peg on Monday. Today we’re looking back over the wild weekend and figuring out what a depegged stablecoin and failing banks could signal for DeFi.

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Welcome to The Defiant Explainers, where we create comprehensive & sponsored tutorial videos, diving deep into DeFi projects and showing you how to use them with a step by step guide. Today we’ll be talking about Ethereum’s most popular liquid staking protocol Lido, and how you can use its tokens on Layer 2 blockchains Arbitrum…

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