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RE: Steemit Crypto Academy Contest / S8W2 - What are Stablecoins?

in SteemitCryptoAcademy • last year

The one I have used more is the USDT, because it is popular and safe

Most stablecoins are safe but they can all lose their peggings even when it is not their fault. A good example is USDC which just got unpegged from the US Dollar falling to $0.88 because of a third-party failure. Hopefully, it gets back to $1 on monday since it is a working day.

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