Post
Topic
Board Altcoin Discussion
Re: What happens if a stable coin fails.
by
Darktongue
on 05/03/2021, 22:07:28 UTC
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?
 
Very hard to understand your question as a novice. One stable coin is increasing supply when market needs more supply. Legitmate stable won't release new supply of stablecoins if demand is low.