Post
Topic
Board Altcoin Discussion
Re: Success for crypto will be bitcoin losing its crown to a stablecoin?
by
tvplus006
on 12/11/2021, 13:12:13 UTC
...However, the risk level for stablecoins is greatly influenced by its backing, so isn't that a "too much" claim?

In the event that the stablecoin is issued by the national bank of a country with a developed economy, the risks will be practically reduced to zero. In this case, the stablecoin will in fact be just another form of the national currency and, accordingly, the risks will be the same as those of fiat.