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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
darawk
2986 days ago
> Stable coins are unstable because they're inherently leveraged.
No they're not. Asset-backed Stable coins are not leveraged.
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zodiac
2986 days ago
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.
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No they're not. Asset-backed Stable coins are not leveraged.