A Short List Of Stablecoins: Are They Worth It?
When it comes to investing in cryptocurrency, many people opt for alternative coins that are not as volatile as Bitcoin and Ethereum. Therefore, stablecoins often take the spotlight as a less risky option in the crypto market. However, not even stablecoins are a risk-free safe haven hedge against inflation. Some even speculate that the downfall of one major stablecoin, Tether, could send shockwaves through the entire market. However, let’s take a look at what keeps stablecoins stable, and what the subsequent risks are. Q4 2020 hedge fund letters, conferences and more What Keeps Stablecoins Sta...