Strive says digital credit selloff was a liquidation event, not a credit crisis
CoinDesk·
60-second summary
Strive executives assert that the recent digital credit selloff was a liquidation event, not a credit crisis, as underlying fundamentals remain intact. The market experienced a sharp decline, but Strive believes this was a natural correction in a young market, with no indication of a broader credit issue. Market implications remain uncertain, but stability is expected to prevail.
A sharp selloff in digital credit products exposed growing pains in a young market, a Strive executive argues the underlying credit fundamentals remain intact.