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Altcoin Discussion
Re: Are stablecoins based on trust?
by
NabonitaS
on
11/01/2021, 13:52:58 UTC
Here is an article on Tether that mentions the trust factor:
https://nowpayments.io/blog/tether-review-what-type-of-tether-to-accept-payments-in-and-why
It says there among other things, "Tether, like any other stablecoin, hopes to keep its value steady and consistent, which has a lot to do with ‘trust.’"