You are viewing a single comment's thread from:

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

in SteemitCryptoAcademy • 3 years ago

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.

3 years ago in SteemitCryptoAcademy by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.09
    TRX 0.32
    JST 0.033
    BTC 111036.64
    ETH 3997.13
    USDT 1.00
    SBD 0.61