3 ms·
> Tether plugs on through things like the Terra collapse with zero issues Being more stable than Terra is not a very high bar.
by cowtools 4y ago
> Tether plugs on through things like the Terra collapse with zero issues
Being more stable than Terra is not a very high bar.
- anm89 4y agoIt's a binary event. It's either stable or it isn't stable. It isn't "more stable than Terra". It's stable (so far).
- Jweb_Guru 4y agoNot really, unless you're being overly reductive. For example, I think I would call a 10% backed stablecoin less stable than a 100% backed stablecoin, but more stable than a 1% backed stablecoin (or 0% in the case of something like UST, at least initially).