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Why Stablecoins Fail: Lessons From the Past

Why Stablecoins Fail: Lessons From the Past



Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still face failures. Several well-known examples demonstrate that maintaining stability is more challenging than it appears. So, how does something designed to be ‘stable’ unravel? A Historical Review of Stablecoin De-Pegging Incidents There’s no doubt that these stablecoins […]



Source: https://news.bitcoin.com/why-stablecoins-fail-lessons-from-the-past/

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