![Aaves-GHO-Stablecoin-Nears-Elusive-Dollar-Peg.png Atmosphere (Shutterstock/CoinDesk)](https://cryptotoptrends.com/wp-content/uploads/2023/11/Aaves-GHO-Stablecoin-Nears-Elusive-Dollar-Peg-678x381.png)
The asset, which has been valued at less than $1.00 for nearly all of its life, gained ground this week and rallied to $0.985 for the first time since August. Its volatile gains aren’t doing anything to fix GHO’s reputation as a not-so-stablecoin, but they do set the token close to the levels one might expect from an asset that’s supposed to be worth a dollar – not $0.96.
Leave a Reply