Post
Topic
Board Altcoin Discussion
Re: Are stablecoins safe?
by
Rengga Jati
on 26/11/2022, 21:21:54 UTC
What do you guys think about this? Would you recommend the use of stablecoins or they just aren't worth the risk?
The security here may be due to the backup of the stablecoins. and this is one of the reasons why you choose and invest in stablecoins. However, if you ask whether it is safe or not. Every technology and system will definitely not be 100% perfect so there will still be errors. Therefore, we cannot guarantee that it is safe.

Sometimes, some people are using certain news to utilize the condition, both for taking profits, getting more cryptos, and others. And some other people are also using stablecoins because of the stable condition and also backup with strong fundamentals.