Hi,
Just a novice question here: what happens if you hold x amount of a stable coin in one of the many lending crypto platforms available (crypto.com, youhodler, nexo, etc) and that coin fails and goes Kaput? Do you loose it all? or are your assets moved to another token or FIAT?
X number of coins won't change,the quantity remains the same but what is usually affected is the value and I want to believe this is where your question was drawn from.Just a novice question here: what happens if you hold x amount of a stable coin in one of the many lending crypto platforms available (crypto.com, youhodler, nexo, etc) and that coin fails and goes Kaput? Do you loose it all? or are your assets moved to another token or FIAT?
And the nature of stablecoins is different from most of the speculative coins we have, these are pegged to other financial instrument/assets like fiat or a precious metal so technically price can't go to zero so don't worry too much buddy
