These are the least ‘stable’ stablecoins not named TerraUSD

2022.06.02 20:51

These are the least ‘stable’ stablecoins not named TerraUSD

The recent collapse of the once third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs.

Stablecoin firms claim that each of their issued tokens is backed by real-world and/or crypto assets, so they behave as a vital component in the crypto market, providing traders with an alternative in which to park their cash between placing bets on volatile coins.

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