Stablecoins (3)

Cryptocurrencies like Bitcoin are volatile compared to the relatively stable prices of fiat currencies, like the U.S. dollar, or other assets, like gold. Stablecoins were created to provide price stability since they are pegged to a reserve asset like the U.S. dollar or gold. This significantly lowers

A U.S. dollar-pegged stablecoin issued by the company TetherUSDT — or Tether — is the name of a U.S. dollar-pegged stablecoin issued by the company Tether. Stablecoins are intended to maintain consistent purchasing power and have become a useful tool for crypto traders and those making international

An exploration of one of 2021’s most hyped DeFi protocols and its ambitions to become a decentralized reserve currencyIt’s been called a Ponzi scheme by doubters, a liquidity black hole by analysts and a potential future reserve asset by the team behind it. OlympusDAO, with its heavy meme