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/
Why Stablecoins Fail: Lessons From the Past
