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Out of curiosity, what's the point of having a "position" in a stablecoin? It seems that if they manage to maintain the peg, there can't be any gains either. My
by m12k 4y ago
Out of curiosity, what's the point of having a "position" in a stablecoin? It seems that if they manage to maintain the peg, there can't be any gains either. My impression was stablecoins are mainly used as an intermediary when converting between crypto positions, as a kind of "crypto reserve currency".
- netheril96 4y agoNot OP. I guest he put his UST on Anchor to earn the 20% interest.