Next scheduled rescrape ... never
Version 3
Last scraped
Edited on 22/07/2025, 16:46:52 UTC
It's advisable to have a stablecoin backed by something valuable, so that If for some strange reasons it loses its peg investors can always get back the something it's backed by, or the stablecoin can automatically or manually peg back to fiat like USD as long as there is sufficient amount of backed asset.
Better to use native stablecoin that depends on strong security of its decentralized system which is basically system supervised or built by technically and morally sound members/member with strong influence over the system security.

*Bitcoin "tops out" or stops moving up if nothing strong or reasonable enough can push it up further. We're temporarily in that period until there is something good, positive or strong enough to push it up. October depends on this factor too.
Version 2
Scraped on 15/07/2025, 17:16:37 UTC
BetterIt's advisable to have a stablecoin backed by something valuable, so that If for some strange reasons it loses its peg investors can always get back the something it's backed by, or the stablecoin can automatically or manually peg back to fiat like USD as long as there is sufficient amount of backed asset.
Better to use native stablecoin that depends on strong security of its decentralized system which is basically system supervised or built by technically and morally sound members/member with strong influence over the security of the system security.

*Bitcoin "tops out" or stops moving up if nothing strong or reasonable enough can push up further. We're temporarily in that period until there is something good, positive or strong enough to push it up. October depends on this factor too.
Version 1
Scraped on 15/07/2025, 16:51:51 UTC
Better to have a stablecoin backed by something valuable, so that If for some strange reasons it loses its peg investors can always get back the something it's backed by, or the stablecoin can automatically or manually peg backyback to fiat like USD as long as theirthere is sufficient amount of backed asset.
Better to use native stablecoin that depends on strong security of its decentralized system which is basically technically and morally sound members/member with strong influence over the security of the system.

Bitcoin "tops out" or stops moving up if nothing strong or reasonable enough can push up further. We're temporarily in that period until there is something good or strong enough to push it up. October depends on this factor too.
Original archived Re: The risk of stablecoins losing the peg to the US dollar
Scraped on 15/07/2025, 16:47:07 UTC
Better to have a stablecoin backed by something valuable, so that If for some strange reasons it loses its peg investors can always get back the something it's backed by, or the stablecoin can automatically or manually peg backy to fiat like USD as long as their is sufficient amount of backed asset.
Better to use native stablecoin that depends on strong security of its decentralized system which is basically technically and morally sound members/member with strong influence over the security of the system.

Bitcoin "tops out" or stops moving up if nothing strong or reasonable enough can push up further. We're temporarily in that period until there is something good or strong enough to push it up. October depends on this factor too.