Post
Topic
Board Beginners & Help
Re: Unbacked stable coins are a big danger
by
letteredhub
on 01/04/2024, 18:45:00 UTC
Stablecoins as the name express is greatly known for its suppression to fluctuation and volatility that other cryptocurrencies like bitcoin is known for. And it's as a result of the nature of their stability  that traders hold their asset in stable to retain it's value within the short time before use for trade. Hence the stability, a lot of persons have made losses leaving their money in a stablecoin project that was built on a scam exit plan.