RE: Crypto's Killer DApp: Stablecoins
You are viewing a single comment's thread:
An algorithmic stablecoin is only as stable as the environment in which it operates.
0
0
0.000
You are viewing a single comment's thread:
An algorithmic stablecoin is only as stable as the environment in which it operates.
That is true for anything in finance, money, and the economy.
Yes, but with digital currencies, there is a more scrupulous danger as we saw with the TerraUSD crash. With trad finance, external forces often play a role in crashes. With algorithmic stablecoins, the biggest threat is internal.