Post
Topic
Board Altcoin Discussion
Re: Are there any real stablecoins?
by
RussianEnglishTranslation
on 07/10/2021, 04:47:30 UTC
Tether is used by many and stablecoins are a rising market, but are they really stable?
What makes a stablecoin truly stable and what can we do to assure they are backed 1=1 unlike Tether.
My favorite stablecoin is MIM, which is like DAI and Spell is the token that backs it. Holding spell is much more profitable than holding MKR and MIM has more liquidity on different chains than DAI.