How Stable Are Stablecoins During a Crypto Crash?

Crypto Pirates

English - May 18, 2022 02:19 - 9 minutes - 17.3 MB
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Stablecoins are supposed to have consistent value, but one popular one recently collapsed. Here's how it went down.

Stablecoins are very important in the cryptocurrency market. These tokens, whose value is typically pegged to an underlying currency, are intended to facilitate the exchange of digital assets of value in the crypto economy and aid in the further adoption of crypto activities...

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