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by JumpCrisscross 2986 days ago
Stable coins are unstable because they're inherently leveraged. This is a problem that traces back to the original "stable coin," bank deposits.
2 comments

> Stable coins are unstable because they're inherently leveraged.

No they're not. Asset-backed Stable coins are not leveraged.

First you must define what you mean by "stabecoin" and "leveraged". I can think of at least two definitions for each one that do not completely overlap.