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The word stable doesn’t appear once in the post except for within the word stablecoin. It’s important to get past the name. It’s a pegged coin, the attempted st
by benatkin 2y ago
The word stable doesn’t appear once in the post except for within the word stablecoin. It’s important to get past the name. It’s a pegged coin, the attempted stability is in terms of it being pegged, and people need to do their research on how well a coin achieves that just like with all of DeFi.
- krupan 2y agoPegged to the US Dollar, which is not stable, but maybe the least volatile Fiat currency in the world, so it's an upgrade for most people. I just worry about the nature of these pegged crypto currencies. Are they really safe?