In this bear market, stablecoins have been on fire. With the recent news of basis going down, what does everyone think of stablecoins? Curious as to what you guys think about Ampleforth (aka Fragments aka Basis's competitor) and their model too.
I'm pretty bullish on stablecoins in general
Those stable coins that are now on the market are very popular, but every day the investor is looking for such an asset as a tether, so that there is no influence of bears and volatility.I'm pretty bullish on stablecoins in general
Yes I agree. Ampleforth proves a great solution for bear markets and volatility. Pretty awesome team and backed by Pantera too.